PROS and CONS of running FCP on NEW iMACS?

Hi gang...
It's a sad day -- I've been running fcp 5.1.4 using Tiger on my PowerMac G5 (dual core 2.3GHz, 2.5GB of memory) for years now -- few real problems besides operator error.
All has been good.
Along comes a client shooting XDCAM footage and suddenly I'm feeling VERY behind the times. I'm unable to edit with this codec since it's not compatible with fcp 5.0. And since my G5 is pre-Intel processor, I'm unable to upgrade to fcp 6 or higher (is this accurate?)
So what are the pros and cons of purchasing one of the new iMacs to run fcp 7? Although my G5 was installed with a DeckLink card, I never did any external monitoring using an NTSC monitor. Most of the stuff I'm doing is long form programming, straight cuts/dissolves, minimal graphics. I'm creating alot of content for the web, delivering some (non-broadcast) masters on dvd.
Do the iMacs have external monitoring capabilities? (I'm under the impression they don't)
Am I really at the point where I need to purchase new hardware? (I've been so happy with my G5.)
What will be my minimum investment, and is the Macmini ($599) a viable option?
And finally, does Joni love Chachi?
Thanks

FCS3 (FCP7) is only supported on intel processors. FCS2 (FCP6) runs fine on G5s.
iMacs do not have external monitoring capabilities beyond using firewire out for DV. I don't know how the mini-dvi port works with something like the original Matrox MXO. It may work fine.
Still, there is no way to hook up esata drives, replace the video card with something that supports Motion or Color or add any one of dozens of nifty bells and whistles.
The mac mini is a poor choice. Lousy graphics support and NO expansion capabilities.
Get a MacPro.
x

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