It should work fine. Like everyone here has said more ram will speed things up. There are other things you can do to improve your performance. You can configure your computer to squeeze even more system resources from it.
Things like turning off apps that run in the background and turning off programs that start up that you don't need for recording help. Turning off the User Control Settings, power saving options and unplugging from the internet and turning off internet apps that run in the background will help you get more performance.
I did these types of things with with a computer with similar system specs and got better performance from X1 and X2.
This really helps when using CPU intensive programs as it frees up system resources.