Do you think the new 27 inch iMac can handle video editing?

Yes.

Most likely but still hard to know without more info -

What software are you using?

Are you using any 3rd party cards/boxes (eg AJA Kona, Blackmagic Decklink, Matrox MXO)?

Do you currently use a esata or fibre channel RAID?

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Want to jump in here to ask follow up, similar question about IMac for video editing. Using FCP 7, and my documentary film projects end up being about 300 GB (1-3 hours long).

It's been suggested that I get 2.4 Ghz quad core i 7, but i've also heard i5 is sufficient.

Also have been told to get 16 BG Ram, but then was told that I should just get 8 and use external drives for my project storage.

Also was told to get 27 inch, but someone else suggested a smaller size with second monitor.

Any suggestions would be greatly appreciated. i.e. what would make me need the i7 or the 16 GB RAM?

thanks!!

...what would make me need the i7 or the 16 GB RAM?

Running 64 bit apps in a 64 bit OS.

The amount of RAM should have no effect on the number of hard drives. For video you always want a minimum of two drives - one for the OS and apps and a second for the source material and project files.

FCS 7 will run fine with 8 GB. It is a 32 bit app and as such can not make use of more than 4 GB RAM.

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thanks for the response! I had heard that there were problems with FCP 7 being 32 bits and Lion being 64. not true?

Why would that be a problem? Lion can run both 32 and 64-bit apps. The problem would be mainly one of compatibility, not that FCP was 32-bit.

so, no problem with the compatibility?

If installed correctly, fcs3 runs just fine under Lion.

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thanks much!