Using G5 imac as external monitor for NEW WHITE MACBOOK?

in Current Mac Hardware edited January 2014
I have an old G5 imac running OSX 10.4.11

I plan on getting a New White Macbook and was thinking of using the G5 imac as an external monitor for it. Can I? And how would I do that?

Also to transfer the contents of my old imac to the new macbook, someone said you need firewire to do that, and the new white macbooks don't have a firewire port. How would I do that too.

Thanks for any help in answering these questions. :-)
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