not enough horsepower?

I have the latest Powerbook G4 with 2 GB, and wanted to record a
soundtrack to a Quicktime movie that I made with SnapZ Pro.
I tried to record the audio track with iMovie: running Quicktime
to watch the movie and running iMovie just to record the audio.
(Then I was going to put them together using Quicktime.)

But every time I did this, about 30 seconds into it, I got an
error message about the disk not responding fast enough to
record my voice track. And then several times, iMovie
just crashed.

I am surprised that there doesn't seem to be enough horsepower
on this mchine to run both programs at the same time.
.

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