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You can do Divx on a Mac with a free codec available. The other stuff isn't a problem. You could get a new iBook, but I think you're better off with a G4 machine unless you just want to do basic stuff (ie, I wouldn't edit/render video or audio on an iBook).
If you have access to educational prices, you could get a 12" G4 that is a very nice (and extremely well built) for $1399. That is with 256MB of ram...I'd bump it up to at least 512, and an 812.11 card is another $100.
Yes, more expensive than many of the PC laptops, but the industrial design is amazing. And the OS doesn't suck. And 10.3 is *very* fast...
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