Don't worry we WILL se a refreshed iMac in 2012. I have yet to walk into any third-party reseller with normal stock levels. It's been like this for a few weeks. This has nothing to do with not being able to keep up with the demand for the 2011 iMacs.
Or maybe they are selling hotter than ever to uninformed masses that are just buying up anything with an
on it. Causing Apple to not refresh, because hey, we're rich, bitch.