xbee + arduino mini 3.3v

will a xbee module work properly when connected directly to an arduino pro mini 3.3v ? does the 8mhz should pose any problem?

what's the better configuration assuming an external power source of 5v (unregulated):

  1. arduino pro mini 5v + 3.3v regulator + xbee
    or,
  2. arduino pro mini 3.3v + xbee

?

The XBee is a 3.3V device, so power isn't a problem. The speed that the XBee communicates at is independent of the speed that the chip operates at. I use mine on both an Arduino @ 16MHz and a Netduino @ 48MHz.