With the right upgrade... really good.
http://www.xlr8yourmac.com/
from there:
Notes/Tip for PPC Mac performance in Leopard - A reply to an earlier post on 10.5 performance issues from a G5 tower owner:
" Retail 10.5 is a lot faster than the betas btw. You were right about the debug (code) slowing it down a lot on ppc machine... (regarding our previous conversation on the beta-Mike)
I too can confirm the bug with endless bouncing apps and jerky operation of system. I tracked this issue to AFP and not coverflow or graphics. This seems to happen on ppc machine if you are still connected to another mac over AFP. Unmount any network connections when not in use avoids this issue for me.
Also on same issue I have found software update will appear to hang if connected to a network as well using admin account. As soon as you disconnect from any AFP connections software update immediately regains responsiveness and shows usual administrative password request. I suspect a bug in AFS somehow caused the pw request to be supressed until AFS was complete.
Just things to look into for that user experiencing issues. 10.5 makes integration with other macs and network volumes so seamless you may not even notice you're connected. Pay attention to volumes with eject buttons in the finder side bar.
(I asked Adam for details on his PPC Mac (as I think he has a 7448 CPU Upgraded G4 Tower IIRC).-Mike)
My ppc mac is an (originally) 733MHz Digital Audio Tower with Newertech 7448 2GHz single processor upgrade. Sonnet branded sata card with two western digital 10k rpm raptor drives. Ati 9800 pro rohs card. And some walmart no name brand usb2.0 card. Performance is fantastic. I think the ati 9800 helps a lot since it supports core image that probably makes a big diff with coverflow and all those features lagging other ppc users.
BTW with the sata card STILL no detection of hard drives what so ever in system profiler. Oh well.

-Adam "
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