Specs for Running Premiere Elements 11

I'm looking at purchasing a computer for running Adobe Premiere Elements 11 on 64-bit, but don't want to spend too much (nothing over $1,000). I wanted to know what specs for a computer I would need to look for (processor, clock speed, dual v. quad core, ram, etc.) in order to run the program fairly smoothly. I don't need professional-grade hardware (such as 16GB of RAM) but I do need something that will be able to handle some laid-back HD editing, keying, rendering, etc. without crashing (or taking a lifetime).
Thanks.

Well, a lot depends on what type of video you're going to be editing.
But, assuming you're editing AVCHD, Flip, HDV or DV video, you'll be fine with at least a quad core i5 running at 2.8 ghz, 4-8 gig of RAM, a a basic ATI or nVidia graphics card and a 500 gig hard drive. Even better if you have two hard drives: One for your programs and the other for your video storage.
I picked up a computer with these specs for about $650 -- plus the cost of two monitors.

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