Out of Memory - Final Cut Pro 7

I have about a dozen still images in my project sequence, and when they begin to render I get an "Out of Memory" error.

Final Cut 7 on 3.06GHz Core 2 Duo
OSX 10.6.3
8GB RAM
100GB Available HD Space

Full-resolution RGB JPEG photos taken on Canon Reel EOS digital
DV/DVCPRO - NTSC Sequence

Any ideas as to what can be done to make these images render? I have dumped all my render files and copied to a new sequence and tried again.

Thanks for the help...