IMovie vs Final Cut Express and Pinnacle Studio

Before I had the Imac (6 months now) for my video or photos I use Pinnacle Studio 11. Now I want to update the IMac to Leopard with ILife 09. Now I also want to use Final Cut Express for video editing. However since I seen the introduction of IMovie 09 I'm not sure which investment to make.
My question to you: with my experience with Pinnacle will Imovie 09 apply for video editing or should I also get the FCE. And what about my projects done in Pinnacle Studio.
Thanks in advance for all your reactions.
Ron

I migrated from using a PC and Pinnacle Studio 11 to a MacBook Pro and Final Cut Express about 9 months ago. I had no previous experience with a Mac, so it has been a very steep learning curve for me. But I have been studying the bright minds on this forum for awhile and have also been taking advantage of various Final Cut tutorials on the web. I eventually stopped regretting leaving Pinnacle behind and I have come to love Final Cut and the greater creative control it offers. As for iMovie, I found it a little too basic for what I want, but it may be suitable for your needs.
As far as your Pinnacle projects are concerned, finish them up and then immerse yourself in Final Cut. I think you'll be glad you did.

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