What do I need to set up a good FCP 3 editing station?

I'm an Avid Editor, and I'm thinking of buying Final Cut pro. I want real time editing, and a play back monitor... basically I'm looking for advice on setting up a good edit station. I'll be spending my own money, so I'm interested in ways to cut cost as much as possible, but I don't want to wait for rendering, or be forced to work on one monitor. I can use my camera as a deck... I'll wear the heads out, but that's fine for now. My big concerns are what do I need to purchase other than a fast new G-4, Final Cut Pro 3, and an additional monitor? Will I need a video card for an additional monitor if I'm working on a desktop computer? What about external drives & drive speed. What is the minimum speed to see real time playback? Also I'm looking for good vendors to buy this stuff from. Any information would be appreciate

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