Manfrotto 344b Will A Manfrotto 501 Tripod Head Hold A 5kg Camera?

Will a manfrotto 501 tripod head hold a 5kg camera? - manfrotto 344b

I want to make on a tripod in both directions from a professional mini-DV camera, but do not want to spend too much money. Can someone me a tripod? I saw a Manfrotto 344B with a head 501 on eBay. Doing?