Will running dual monitors have any significant impact on system speed?
Solution 1:
There's more to render so sure, a little bit more of your CPU and a little bit more of your graphics are going towards keeping the system running. But we're only talking about a couple of CPU seconds extra per minute. Nothing that you'll notice.
If you run 3D things (eg games or other rendering things) over both screens, you will notice a large slowdown because you're dealing with twice the resolution and they're already CPU/GFX intensive. But if you limit them to one screen (like a window that is "fullscreen" on one monitor), you won't see much of a slowdown at all.
Either way, having the extra screen will near-double your own performance so that should easily offset any slowdowns.
Solution 2:
My processor's fairly old in terms of memory and processor speed my system's similar to yours (though it's not a laptop) and I use dual monitors perfectly fine. One running at 1280*1024 and another at 1440*900.
Just a setup I've accumulated over the years but I find it handy.
For general desktop use it's fine, but I've never had any heavy dual monitor 3D rendering on the go (not across both anyway) though in windows I do find that because I'm only using one monitor for games the other monitor is still rendering the desktop, so when the wallpaper updates the system slows down for a few seconds... not sure wether this would still occur in a single monitor setup or not!
Knowing windows it'd probably still swap the new wallpaper into memory even if you weren't using it!
Solution 3:
I would think the performance cost would be minimal and if the video card is decent like you say and the system has a decent bus speed I don't think it would an issue.
Solution 4:
You should check your laptop's video details before purchasing the second monitor. For some older laptops, the highest resolution they can produce is still not enough to the desktop of two monitors. I used a older Lenovo R51 and running 1024x768 on the laptop plus 1280x720 on an external monitor was too much. I had to choose either the laptop or the monitor but not both.
As for making the system slower, I have not experienced any major differences in performance. If you are running a 3D enabled desktop then there's more resolution to cover. In gaming, you would most likely only play on one monitor, so the performance should be the same as using a single monitor setup. I have noticed that some games run worse with two monitors and sometimes it's needed to run a game in a "windowed" mode.