Final Cut Studio 2 to new iMac w Lion

Ok I'm seeing I might have an issue right from the start. I just bought a brand new iMac 27" loaded w RAM etc. Obviously it is running Lion and version 10.7.2. I did get Adobe M.C. up and running and all functioning seems fine.
Now I have a brand new Studio 2 with upgrade from my original FCStudio. That also got upgraded a few years back when I was on my G5.
I'd like to avoid nightmares so am asking advice -before I do anything to begin the installation of FCP and its Studio mates...
What do you suggest first... ? And will I need Java to begin?
Tim

Read the second half of this thread:
                                  FCPS 2 work on Lion?                    
Everything you need to know is in there.

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