I thought I'd jump in having come across this and attempted it a fair few times now.
Firstly, when doing this, the power of the Mac Mini is crucial, you'll need something with plenty of both processing power and graphics power.
Next look at the connections you have on your Mac Mini, the latest versions have 2 Thunderbolt and a HDMI for display outs (but you can only use 2 at a time!) but the older generations only have a single thunderbolt and HDMI, so assuming this is the case - you'll need your two outputs to come from these. I recommend you use the HDMI for the local monitor, then use a thunderbolt-VGA or DVI, for the projector.
This then leaves us with getting the cameras into QLab. I recommend (as does figure 53) looking at the Blackmagic range of camera capture cards. They do some excellent hardware which has multiple input types and connections to your Mac. Now you've used your thunderbolt and HMDI connections on the Mac your remaining inputs are USB 3.0. Having 4, this gives you enough to have 2 black magic input cards (I've had good success with the Decklink and Intensity cards).
Finally, working back from the Camera itself, I would recommend using the SD output to the capture card, you won't find yourself losing much quality to the image while keeping a reliable picture.
Hope any of this helps,
Chris