videoguy: your machine should do ok. 2 recommendTIOS:
1) for video editing you want 2GB o f ram
2)add a 2nd drive 120+GB for your video. this should be a 7200RPM SATA drive.
Gary
Thanks Gary,
I'll be adding a 500 GB 7200 SATA and it'll have 4 GB of DDR2. I got a pretty good deal on it. $598 from Dell