It will handle the software OK. You'll get better performance from Photoshop with 1 Gb RAM, but it is all relative... you'd also get better performance from a Dual G5.
The thing is, any of the Macs can do any of the jobs... it's just a matter of speed. The larger the job, the more that the speed (and the RAM) will become apparent.
PS: Would be worth the extra few moments to work on your spelling & capitalization. It'll pay off when you post your website and want to sell things. We're fairly forgiving here on MR, but some of your prospective customers will write you off if they see sloppy work.