What are you going to edit?
SD (Standard Definition) will be slow but "possible" while HD will be more like Mission IMpossible
Laptop Video Editing PC - http://forums.adobe.com/thread/1369220?tstart=0
Also, if your laptop has dual graphics adapters, you will VERY LIKELY have problems
-http://helpx.adobe.com/premiere-pro/kb/error---preludevideo-play-modules.html
-http://forums.adobe.com/thread/1001579
-Use BIOS http://forums.adobe.com/thread/1019004?tstart=0
-link to why http://forums.adobe.com/message/4685328
-HP Fingerprint/Password conflict http://forums.adobe.com/thread/911575
-Mac Utility http://forums.adobe.com/thread/1017891?tstart=0