Base model will probably still have 4GB RAM and a 128GB SSD. Awful
Half right. 4 GB RAM standard on the $499 model; higher models come with 8 GB.
500 GB spinning drive standard on the $499 model, 1 TB spinning drive on the middle model, Fusion drive on the high-end model.
And yes, no quad-core, not even CTO. 1.4 GHz i5 on the base model (same as the MacBook Air and ultra-low end iMac,) up to 3 GHz i7 CTO. All dual-core.
Damn. I was looking forward to getting one for use as a VM server. With two Thunderbolt ports, I could have two 10GbE ports, one for each of two VMs. But with only dual-core, can't do much with it with multiple VMs.
No longer offer a "server" SKU, either. So if I want a headless quad-core Mac server, I now have to buy a $3000 Mac Pro. (Or buy an iMac and have it take up all the space of the display...)