Wait wait wait, I get get teh following refurbished model for $1,400:
iMac 24-inch 2.8GHz Intel Core 2 Duo
24-inch glossy widescreen display
2GB memory
320GB hard drive
8x Superdrive (DVD±R DL/DVD±RW/CD-RW)
ATI Radeon HD 2600 PRO with 256MB memoryy
Built-in iSight camera
Or I can buy the "upgraded" model for $1,500:
24-inch : 2.66GHz
2.66GHz Intel Core 2 Duo
4GB memory
640GB hard drive1
8x double-layer SuperDrive
NVIDIA GeForce 9400M graphics
Built-in iSight camera
Correct me if I'm wrong but aside from the ram and HDD upgrade isn't that pretty mucha downgrade in graphics card and processor and graphics card?
Actually that one you're looking at is new it's just in the refurb section, you can get the same one refurbished for even less