Mac 10.5.8 running slow

Trying to use Final Cut and my Mac keeps dropping frames.

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Mac Book running 10.5.8 runs slow

I am trying to edit in Final Cut Pro 6 and I have reinstalled it 4 times in an attempt to use my Mac Book. I have 2 GB of RAM and use an Iomega external drive. The error message that frames are being dropped is driving me insane. Can someone help?
May 2012
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