IMac which one with FCP 5.1.4 ?

Hello, I have been using a Powerboog G4 with my FCP no problem so anything would be better!!
Now that I have FCP Studio with Motion and would like to to upgrade. Can't afford a tower... So I'm getting an iMac but I'm stock with which modeel and graphics card is best.
The 20" it comes with 2 400firewires, the 24" with one 400 and one 800 firewire. Save the money or spent an extra $500??
I edit DV from a Panasonic DVX100. Except for Motion I have no other need for a super duper video.
Three options ( withstudent discount)
$1,900:
iMac-20", 2.33GHz, 2GB SDRAM, ATI Radeom x1600/256MB-VRAM
$2,336:
iMac-24", 2.33GHz, 2GB SDRAM, NAVIDIA GeForce7300 GTO/128MB-SDRAM
$2,449:
same as aboe 24" but w/NVIDIA GeForce 7600 GT 256MB SDRAM
To the above I have to add Apple care plan. If I get the more affordable option I can also buy an exteranl drive. with the other option, I'll wait.
Thank you in advance for your feedback.
iMac Mac OS X (10.4.8)

It's always advisable to get the best that you can afford, but if you're going for the imac, you need an external drive so I'd recommend going for the middle option with a decent external HD.
Have you absolutely checked that you can't source maybe one of the earlier Mac Pro models via an authorized reseller or maybe the apple refurb store (the refurb store currently has one at $2199, I'm sure you could find one cheaper).
The imac is compromised in terms of expandability - do a search on this forum for more details.
Having said that, I coped for a couple of years with FCP 4.5 and a G4 imac and an external HD with no probs, so if you can cope without the expandability and you'll be sticking with SD you'll be OK - don't forget FCP 6 is just around the corner and you'll have to check the system requirements carefully to see if it'll run on an imac should you decide to take this route.

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Message was edited by: JayEnder

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Message was edited by: BB4L
Message was edited by: BB4L

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IMac which one with FCP 5.1.4 ?

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