Will this computer handle gaming and video editing ?

If you ultimate goal is personal and small work video editing and light gaming then yes this should work out alright. If you trying to do some serious gaming or some high end or semi-professional video editing you need to rethink the whole setup there. Especially if your going to be running windows vista with this here is what you should be thinking about: Motherboard: AMD=good choice but go higher in front side bus speed. Along with that the processor was pretty good maybe a little faster but not bad at all. Your memory you should think about would be at least 4GB depending on the OS and the motherboard you pick out. The video card is pretty good but i advise you get something with a little higher core speed. Now like i said if your not going to extremes the system you picked will do you fine accept if your doing it on Vista which then i would upgrade the RAM but other than that your in the clear.