Thanks everyone for the help. I went ahead and ordered a newer Mac. Here is what I ordered.

2 3.0GHz Quad-Core
2GB of Ram
1 320GB 7200 for System
NVIDIA GeForce 8800GT 512 Video Card

I am going to buy the Triple Head 2 Go and a SSD hard drive. What is the best place in the US to buy those?

Also, anyone know how hard it is to transfer the Catalyst software and everything over to the new mac. I have a decklink card that came with it that I would still like to use. Is that hard to move over?

Thanks for the help.