Gateway PC, is it enough?

[Ryanwasoba]

I am a generally new ProTools user and am wondering if i can grab some advice from the more experienced users out there. I run LE on a Digi001 and I was having problems with my computer, so i bought this one on ebay: http://cgi.ebay.com/ws/eBayISAPI.dll...9579&rd=1&rd=1

It's a Gateway GT4026E, here are the features (direct from the Gateway site):

Intel® Pentium® D 805 (Dual Core) 64-bit processor with EM64T Technology
- Each core operates at 2.66 GHz
- 533 MHz front side bus
- 1 MB L2 cache
512 MB DDR2 533 MHz (PC4200) SDRAM (I bought an extra 1 gig of ram too)
Integrated ATI Radeon Xpress 200 video card
Integrated 8-channel (7.1) High Definition Audio card
250 GB IDE 7200 RPM Ultra ATA hard drive with a minimum of 2 MB cache
Double layer 16X DVD+/-RW drive

I am using ProTools to record demos for my band and other bands, so i'll need to be able to use all 8 tracks on the 001 simultaneously. I don't plan on using plugins while recording, so i know that saves some processing power. From the specs here, is this computer powerful enough for my purposes? If anybody sees ANY problems with it, please leave a post.

thanks,
Ryan