Multiple versions of FCP on one system

Hi guys just a quick question. I have FCP 5 installed on my mac. I am about to purchase Final Cut Studio 2, meaning FCP 6 will be installed on my system too.
Does this mean I will have to uninstall FCP 5 first or will I basically have two FCP's on my system. My only worry is that installing FCP 6 will overwrite/destroy a project that I'm currently editing on FCP 5?
Any suggestions or help on in?
Also is Final Cut Studio 2 compatible with OSX 10.4.11?
Thanks!!

When you install FCS 2 the higher version of FCP 6 will replace your installation of FCP 5.
You will not lose project files.
Also is Final Cut Studio 2 compatible with OSX 10.4.11?
Mac OS X 10.4.9 or later.

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