Size of Final Cut Express and LiveType?

I want to get Final Cut Express soon. on info site it says this for the hard drive requirements:
"500MB disk space required for applications; additional 16GB of additional storage space for Soundtrack and LiveType content (can be installed on separate disks)"
1. I don't need soundtrack, I have better Programs than that, so just Final Cut Express and LiveType, I can install the extra content on my external drive but I need the program and main effects on my Macbook so how much would all this take up on my macbook.
2. I tried copying my school's livetype from the computer but it just did the program with no effects or anything, does me no good. so I'm just gonna buy my own copy. but where it says 500mb for apps is that what its talking about just basically an empty shell no effects or templates or anything, just a useless program.

Just a bit of friendly advice ... the folks who contribute to this forum are good people who participate with a genuine interest in helping out, and they don't get paid to do it. People will respond when they have the information and the desire to provide it. Attitude counts for a lot in these forums, and patience is a virtue, if you understand my meaning.

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