I need to capture while continuing to edit and export to tape, bad idea?

Question

Is it possible to use a different capture program (other than iMovie) to capture DV footage while I continue to do cuts only editing with Final Cut and perhaps even exporting to tape through a different deck on a Dual 2.0 G5 with two hard drives? I understand that I need a program that captures the clip as a QT movie at 48 kHz.
I need to do this in order to justify moving from a linear edit system for news.
What would be the recommended system capable of this?
17 PowerBook 1.33 GHz   Mac OS X (10.3.7)  

Answer 1

Licensing issues prevent us from just dumping our feeds onto one server and then connecting it to all the edit bays with Gigabit. But cost is a big factor for us since we are small. One machine at a time is what we can do since it's all new to us and unproven, really. Prove that it can be faster, then, we can move to put a G5 in every edit bay. Right now the editors can record a feed of several stories and continue to edit in the bay. They order the feed, then hit record and go back to work.
Only one deck isn't a problem, the importing will come from a router going thru a DV bridge. But just as long as we can import while we continue to do some cuts only editing, no effects, no filters while we import. No need to export at the same time, tho that would be cool if ever possible.
Once all the stories are done for the show, we will export, perhaps just play back off FCP during the show, easier for the tape op to just hit the spacebar I guess.
basically the question is, what bare bones capture utility will grab our 48kHz DV footage and give us enough CPU left that it won't crash when we go back to editing?
17 PowerBook 1.33 GHz   Mac OS X (10.3.7)