Time Machine only works with external hard disks and specific network disks. It won’t work with the internal hard disk of another (spare) Mac, which is a shame. Why not literally use your old PowerMac as a backup machine?
That’s what I did, using this and this hint on Mac OS X Hints. I got Time Machine to work. It backs up my MacBook on my PowerMac. Unfortunately, I’m not entirely sure that it works correctly, since it didn’t create a complete backup of my MacBook and it doesn’t show past dates in the sidesbar for whatever reason.
Connect another Mac (the host) to yours, preferably over a wired network. Make sure that the hard disk or partition that you want to use for backing up is mounted on the Mac (the client) that you want to back up. Open Disk Utility and click on the New Image icon to Create a sparse bundle image on your client Mac. It doesn’t need to be big, as Time Machine will expand it as necessary.
Make sure that the name of the disk image file is equal to the name of your client Mac. You need to enter this name in the field labelled Save As. The name of the disk volume is Time Machine Backups. You enter this into the field labelled Name. Just choose any reasonable size for your new disk image. The format has to be Mac OS Extended (Journaled). Don’t use encryption and set the partition to Single Partition – Apple Partition Map. The image format must be Sparse bundle disk image.
Create a new text file with your favourite text editor. Paste the following code into your text file<?xml version=”1.0″ encoding=”UTF-8″?>
<!DOCTYPE plist PUBLIC “-//Apple//DTD PLIST 1.0//EN” “http://www.apple.com/DTDs/PropertyList-1.0.dtd”>
<plist version=”1.0″>
<dict>
<key>com.apple.backupd.HostUUID</key>
<string>YOURUUIDHERE</string>
</dict>
</plist>


