Need new Mac DESPERATELY, but don't want to "overbuy"

I'm in desperate need of a new Mac (as you can probably see from my specs) but I have NO clue what to buy. I'm not a gamer, so I don't need the best video money can buy, but I would like to try out things such as Second Life. I mostly use my Mac for email and IM and surfing the net, but that may be because if I do anything more than that I'm in beachball purgatory. Any suggestions? I like to have many programs open at once, would probably want to burn/watch DVDs and CDs and I don't have a spare monitor lying around, so I don't know about a mini. Let me know if you need to know anything else about my computer habits in order to offer advice.
Thanks!

I'm going to buy a new iMac 24" too, but I don't know yet whether to buy the high-end or the one with 2.4 processor.
I want to buy a new one for the motherboard of my iMac G5 doesn't work any more and, I don't feel like spending money to replace it.
I use my Mac especially for photos and videos, as well as listening to music, surfing the net and using iWork '08.
Is the 2.4 enough for needs or I'd better go for a 2.8?
Any suggestion?
Thanks in advance
Fabrizio

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