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Here’s a question and some food for thought….
Do you really need to import into fce? with limited resources and processing power of your g5 mac, You might be better off importing with quicktime pro (the program is smaller and will leave more ram available for video capture) or imovie hd might work.
You are going to find your computer will not capture hi def in real time….
Hardware solutions might give you the ability to record and view in real time a compressed video, in the feild, while your camera captures the hi res file, for later import.