While DevilBoy is correct, if your PM G5 is already ailing, it's not going to get better. You can pay to repair it, however my system is suffering from a failed logic board/burned out processors (they determined it wasn't just the processors, but didn't rule out those being fried as well as the logic board), and the number of posts about failing powermac G5s in the past week has been astounding. It's getting to be about that time. A newer machine is almost guaranteed to give you much increased life, it comes with a warranty in case it's a lemon, and it probably won't cost that much more to upgrade.
Also, with the way software is going and the laziness with which script writers are writing their script (ex. flash player in OS X eating up tons of available processing power and wearing out processors), if you have the means you should definitely upgrade. Then again, I'm not the end all be all of computing, but I like to think that I have common sense. Buying a refurbished machine is a GREAT deal, and your powermac isn't going to get any newer. Also... newer system = less wear and tear, less grime build up inside, faster RAM, and all sorts of good things...
I don't know, to me it's an obvious choice. Maybe DB is just playing devil(boy)'s advocate here and arguing the other side just to give you the pros on that side also. Plus, nothing says you can't repair your G5 later if you want to. I know if I ever get the means to repair the logic board in mine (and it becomes cost effective for me to do so) I'll totally do it. I miss that machine, it was great to me for 4 and a half years... and I miss her.
Her name was Priscilla