Editing with Mk2/MK3

I use Premiere Pro on a laptop with only 8GB RAM and I don't have to transcode the footage. Granted I have to render my work area fairly often on a machine with no graphics card acceleration and only a dual core processor, but it works well enough.
 
I edit the native files on a home premium dell i5, 4gb ram without transcoding with media composer 6. no lag, smooth but will have to transcode the final sequence and re-render the effects.
 
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