Ok, so, to start answering my own question....
http://reviews.zdnet.co.uk/hardware/desktops/0,39023846,39118219,00.htm
That is a comparison between iMac 1GHz/256MB, iMac 1.25GHz/256MB, and PowerMac Dual 2.0GHz G5/2GB (can we get these numbers much further apart!?).
(I'm no math guy, so if I'm off, sorry! You get what you pay for!)
In iMovie, the Dual 2 was about 39% faster than the 1.25GHz
In iTunes, the Dual 2 was about 225% faster than the 1.25GHz (WOW)
In Quake, the Dual 2 performed about 391% better in the frame rates than the 1.25GHz (ultra wow!)
**Note, they don't say what video card was used in the benchmarks for the dual 2.0GHz, but it does state that the NVIDIA GeForce FX 5200 Ultra 64MB was used in the iMac 1.25, which is the same in the iMac G5, I believe**
Now, according to Apple's site, compared to the 1.25GHz iMac G4, the G5 is 189% faster in HALO, and 212% faster in Unreal Tournament 2004. If we want to apply those numbers to Quake's performance numbers on for the 1.25GHz iMac, which I know is not accurate as code is different and such, we could guess that, shockingly enough, that the iMac would put up roughly half, probably a little under half, the performance of the PowerMac, which makes sense being that it has 1 CPU instead of 2, a 600MHz bus instead of a 1GHz, and half the video memory. We should note that the Apple test machine was using 1GB of RAM and not the 256MB that zdnet did.
The Apple benches also state 46% increase in iMovie/Keynote, which might actually bring iMovie performance up to the PowerMac's numbers (in theory, according to what we can see here and not by using logic that two CPU's are stronger than one), a 71% increase in GarageBand, 56% increase in Photoshop and a 67% increase in FCE rendering.