I use a Dual Core 2.3 G5 for editing video sometimes, and it screams running Leopard, as I'm sure most G5s do. If anything, I think the G5 will be the minimum requirement for 10.6, maybe even the 1.67 ghz G4 will be the minimum.
Ok, if they don't support 10.6 for PPC, it doesn't mean that your computer will suddenly stop working for you because it feels outdated. Hell no. The G5 I use at the office should last another 5 years, because it hasn't had a change in the size of projects (no HD yet) and it has been a great workhorse since it was purchased.
I will feel outdated once I will be stuck with outdated programs, updates for which will only be available for 10.6.