Licensing on more than one computer

I have Final Cut Pro studio installed on my desktop mac. Can I also install in on my laptop?
Also, does anyone know how well Final Cut studio will run on a MacBook 2.0GHz Intel Core 2 Duo.
Thanks!

You can find all Apple SLA's here: http://images.apple.com/legal/sla/
http://images.apple.com/legal/sla/finalcutstudio51.pdf
2. Permitted License Uses and Restrictions.
A. Apple Software (Bundle)
This License allows you to install and use one copy of the Apple Software on one Apple-labeled desktop computer and one Apple-labeled laptop
computer so long as both computers are owned and used by you. The Apple Software may be used to reproduce materials so long as such use is limited
to reproduction of non-copyrighted materials, materials in which you own the copyright, or materials you are authorized or legally permitted to
reproduce. This License does not allow the Apple Software to exist on more than one computer at a time, and you may not make the Apple Software
available over a network where it could be used by multiple computers at the same time. You may make one copy of the Apple Software in machine-
readable form for backup purposes only; provided that the backup copy must include all copyright or other proprietary notices contained on the original.

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