I am on a budget and I've decided to buy the new 2.4ghz core2duo Imac with 2go of ram. Would this be enough to edit footage shot on the hvx-200? I don't need it to be fast, just to do the job (two timelines of clips, a bit of color correction, no visual fx(eg: particles)).

You should have no problem.

I've logged and done rough cuts of P2 media on a G4 laptop... Had no problems!

You should be fine...

thank you very much!