I started thinking about the new Pro Res and its backward compatibility and was wondering if old macs would have the ability to use. I made a movie in the prores444 codec and sent it over to my ancient powerbook g4, at first it wouldn't open, then I updated to the latest version of Quicktime and voila it opened perfectly, alpha channel intact. I then imported it into FC 6.05 and all was good. So I guess my old computers aren't totally obsolete, yet.
I also stuck my FCS3 disk into my G5 and it immediately told me I need an Intel processor to install, so that settle that.