The Microsoft Office Blog has posted the official system requirements for Office 2010. No surprise there, really. For the basic operations, you'll need just a basic machine. Office never has really been a huge resource hog. If you are doing development with Office, and value your time, you might want to upgrade a tad bit. :)

First off, I’d like to explain what level of performance you can expect from minimum-requirement hardware. The minimum hardware spec is about defining the kind of computer that an average Office customer needs to have in order to have an acceptable experience performing typical tasks. This means tasks like opening up and editing a 20-page report. Tasks like creating some simple pie charts or scatterplots that highlight your findings, and putting together a few slides summarizing your results for that meeting next Tuesday. Or even tasks like writing up your blog post about system requirements. You should also be able to comfortably run two applications simultaneously.

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