I have the exact same computer. I use Lion. It works just like it should. If you look into it, the computer specs for Lion are: OS X Lion - Technical Specifications
I did just upgrade my computer to a 500G 7200 RPM Hybrid HDD and upgraded my RAM to 8G instead of 4G.
I have a 2009 white mac book, Core 2 Duo, 4gb of ram. It feels sluggish and less responsive since I upgraded to Lion. Snow Leopard was way quicker on my MB. I don't know if there is any difference between mine and yours though.
I do enjoy the full screen apps in Lion. But for the most part I actually think I prefer the more streamlined interface of snow leopard.
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