The only sure way you can get the original OS installed is with the original install disks; at that time they were still made for that particular build on the Mac, so it will be close to impossible to find some - if you do, the price will be more than what your machine is worth. The only other way would be if you had made a clone of your system and you could clone it back. The recovery system wasn't implemented until later - it may work, but may not. If it does offer to install it - go for it.
Your iLife and other DVD are just apps and have nothing to do with the operating system which is what you need for a computer to work. The apps then work with and through that. However, depending which Mac OS may get installed through recovery, you an try to install those after you have a working OS on your Mac. They may work or be rejected because they are outdated.