I am seriously starting to think apple is not going to release iLife 2010 this year. They are just going to release iLife 2011 next year in January or Early 2011.
I am not buying imac this year. I still think there are a lot of improvements can be made. This imac only has bump in GPU and CPU. (Very slightly)
I am willing to wait as long as next year WWDC when apple will probably throw in more updates for a cheaper price with free ipod touch with Retina display for me. So, no buy. As for others, enjoy your new imacs.