System requirements for Premiere CS4

the box states I need a dual 2.8 processor for HD. My laptop has a dual 2.5 processor with 4GB ram, it is a 64 bit system (Vista). I have not opened the box yet so I can return the program and get Elements. I originally wanted to take advantage of my dslr video capabliltiy, I have a Canon 7D and 5DM2. The more I thought about getting serious about video the more I thought I should get a dedicated camcorder, so I just bought a Canon Vixia HF11 camcorder.
I understand that Elements does not do well with dslr files. So I am wondering if Prmiere Pro is overkill or if it would be very useful. I was able to get the program at the educational pricing, that was a huge factor for me getting the Pro version over Elements. Now I am worried my computer will not be able to run the program.
I really do not want to buy another computer! Will my laptop be good enough or would Elements be a little more practical?
Gary
By the way - hope you all have a great Thanksgiving!
I

I paid around $2500 for a Sony laptop mainly for my photography business. One year later and it is already outdated!
I guess after buying a video cam, software, mic, tripod head, etc. what the heck is another thousand or so, right! Seriously, it looks like I may be able to find a new desktop for not that much money. If I am going to get into video might as well do it right.
I really appreciate your help - thanks. And as my wife has been telling me this morning - get the heck away from the computer and enjoy the holiday. But this is what I enjoy! LOL!
Would something like this work -
http://www.bestbuy.com/site/Dell+-+Studio+XPS+Desktop+with+Intel%26%23174%3B+Core%26%23153 %3B+i7+Processor+-+Black/9532749.p?id=1218120178969&skuId=9532749
not sure how to get the link to work - it is a Dell studio SX8000 model.
Gary

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