Installing iLife 08 and downloading iMovie 06

Question

Hello to all.
I just bought iLife 08 and will be installing it soon. My plan is to install iLife 08 and then download iMovie 06 from the Apple site because the new iMovie 08 only runs on an Intel processor or on a G5 Mac. Besides, from what I have read, the iMovie version 06 version is better than the new one (depending on your preferences) in that it retains the same interface as before.
My Mac is a G4 (733) with an external DVD burner.
My question is when I download and install the iMovie 06 application, will it overwrite my old iMovie 2.0 application or will I have both versions in my application folder? I would like to keep the original 2.0 version on my hard drive because it has served my purposes quite well. Also will the movies I already have in my movie folder be automatically updated to the new version or will my saved movies retain the characteristics of the old original version in which they were created?
Thanks for any assistance you can give.
Rich

Answer 1

My question is when I download and install the iMovie 06 application, will it overwrite my old iMovie 2.0 application or will I have both versions in my application folder?
I doubt there are many out there who have actual experience doing this. My guess would be no since the v6.0.4 download is installed in it's own separate folder named "iMovie (previous version)."
Also will the movies I already have in my movie folder be automatically updated to the new version or will my saved movies retain the characteristics of the old original version in which they were created?
Once again, no practical experience on my part here, but would expect it be able to read previous versions. As to how many previous versions without intermediate conversions -- well, that might be a different matter. Certainly wouldn't hurt to try since you will likely still have iMovie v2 even if the old projects can't be read.