The quad-core iMac is not more reliable and does not have more longevity. To suggest this is bonkers.
The claim on reliability is solely based on how taxed the hardware is. Given that it is weak hardware, it will probably be taxed a lot. If it is not taxed a lot, then fine, I concede the reliability claim. As far as heating concerns (which have historically been the main concern as far as reliability is concerned), the lower-end model will generate less heat and probably break down less.
Longevity, on the other hand is a much more concrete argument to make. You mean to tell me that I'll get the same mileage from a machine running a dual-core 1.4GHz ultrabook CPU than I will from a quad-core 2.7GHz notebook CPU? How about RAM that I can at least pay a technician a handsome sum to upgrade? How about a drive with double the capacity? You mean to tell me that I'll get the same mileage? Where's the island you're trying to sell me?
The only thing which can be said about it its faster.
...and more capacious and upgradable...but hey, when does that ever matter, right?
And that matters now, not in the future. Its the single-core performance which defines the everyday usability of a computer.
Uh...yeah, maybe six years ago when OS X and most apps weren't optimized at least for dual-core performance. As it stands now, with Grand Central Dispatch (been around since 10.6 circa 2009), multicore performance is where its at. Even if single core performance was where it's at, 1.4GHz vs. 2.7GHz is still a very large disparity.
In 8 years both of these computers will be obsolete. If you don't use heavy-duty computation (video/photo/scientific work), then the i5-4260U ULV CPU is more than adequate. For tasks like browsing or office work, it is virtually indistinguishable from the i5-4570R.
In 8 years, the lower-end model will have already been non-viable for quite a few years. Users of the mid-range model will be encouraged to get something newer, but it won't be anywhere near as dire of a need.
And yes, TODAY, for tasks like browsing of office work, the two are indistinguishable. And yes, for TODAY, both machines fulfill basic needs. The thing most people on this site fail to realize is that most people don't replace their Mac every 1-2 years; doing so is very expensive. If you want to make your system last, you put more money into the initial purchase. Between these two models, more than any other two models of the same kind of Mac in recent Mac history, there has never been a bigger disparity. I fail to understand why you guys fail to get that.
That said, it is also true that merely $200 more buys you more computing power, but if you can't benefit from it based on your usage, then its $200 wasted. I would rather suggest to invest into an SSD, because that is what really makes the difference for the usability and responsiveness.
If $200 for the mid-range iMac is causing such a discussion, what makes you think that an SSD, which Apple would charge far more than $200 for, would be on the table for discussion?
I am a retired Senior Software Engineer who has worked with both hardware and software for decades in the past. I think I am qualified to share my opinion at least as much as you are as such.
You are always qualified to share your opinion, retired Senior Software Engineer or not, but that doesn't make it useful or knowledgable.
This is a question of buying and selling computers and when it is or isn't the right time to do so, not of methods, algorithms, classes or functions. I'm sure you made a fat amount of money more than I do currently, but your skill set is not relevant here as this is not your domain.
I have been a computer consultant for the last 15 years. I've got my ACMT (alongside every qualification exam they have) my ACSP (for the last four releases of OS X), my ACTC (for those same releases of OS X, save for 10.7), as well as many more. I've worked in IT fields, I've worked at Apple Authorized Service Providers, and most importantly, I HAVE DEALT WITH MILLIONS OF THIS TYPE OF CUSTOMER.
I don't doubt that you are smart and knowledgable about a great many things. If I have given the impression that I do, I am sorry. That wasn't intended. However, this is not one of those things.
Are you are able to provide some links to credible proof that the logic board and all the other components are different in the base model versus the other two?
Go to ifixit.com. MacRumors also had coverage on ifixit's findings in a few articles when the new low-end model was first announced. It details the differences in the logic board.
Even if you can, that does not prove that the components are more likely to fail. If you want to make that argument, prove it please.
I have trouble believing that you can provide any proof whatsoever to back up your assertion that the base model is more likely to suffer hardware failure before the next two models up do. If you can provide some credible proof of this that would make for an interesting read indeed. If you cannot provide this proof, as I said before, I think we're done here. We shared our views and now the user can make his own decision for himself. Maybe he already has by now.
Again, when a user pushes the limits of their hardware, that stresses the hardware. Prolonged stress of the hardware causes hardware failure. That's how hardware works. There's nothing inherently unreliable about the lower-end model. If anything, given that heat has been the biggest cause of failure in iMacs, this model is probably more reliable inherently...until a user pushes its limits thinking it is a more powerful machine than it is.
Again, being a software engineer, this is not your domain. Being a hardware technician, an IT technician, and a computer consultant, this IS my domain. I've seen users give their machines early graves because they kept pushing their limits. This is an under-powered machine and underpowered machines will have their limits pushed. Happens all the time, even with the most basic of users. If you'd like I can pull, from my own records, multiple instances of such hardware failures. It'd be long, boring, and only serve to give you the satisfaction of being properly served in what is a fairly stupid pissing contest. But I offer you that option should you want it.
Point being that lower-end model is under-powered and a bad buy for just about anyone, ESPECIALLY when the mid-range model sells for the exact same cost when bought refurbished from Apple.