Did this one at home. Specs on edit suite:
CPU: Intel - 3ghz P4
RAM: Corsair - 4gb PC3500
System HD: WD 73gb 10,000rpm Raptor
Edit drives: Dual Lacie 160gb 7,200rpm Firewire drives
Non-linear edit software: Adobe Premiere Pro 2.0
Compositing (text effects): Adobe After Effects Pro 6.5
At work I'm on a dual 2.5ghz G5, 4gb PC4000, 1.5tb of Firewire800 RAID, and Final Cut Pro 5 for editing. After Effects Standard 6.5 for compositing. (I'm the Director and Senior Editor at KEYC-TV)
I'll take the PC any day. Faster, more stable, and better options.
Oh, and it was compressed with Windows Media Encoder, for WMP 9.