I'm currently doing much the same on a MacBook Pro using Final Cut Pro and Photoshop. I use Lightroom for sorting through stills but I'd never have considered putting a movie together on it. I used iMovie for the last few projects but Apple have dumbed the latest version down to the point where it's unusable.
I have video footage and stills taken on three iPhones of various ages, a GoPro and my regular Panasonic video camera and Final Cut seems to be happy with all of it.
I don't have a projector to test things on but so far it looks ok when I've run it on our 50" tv.
Don't underestimate how much work goes into constructing this kind of thing. At the moment I'm putting in about a couple hour's work for a minute of footage (and it still looks like amateur night).
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