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Ok, explain why you think they are not overpriced?

It's simple. Go configure yourself a PC built on Santa Rosa chipsets (iMacs, prevgen notebooks), NVidia 9400m (current notebooks), or with the Xeon 5400 series cpus (Mac Pro). You'll find out quickly that their costs are pretty close to those Macs.

You can get PCs for less, but those use cheaper components. That's not always bad, but they are different technologies. Macs are expensive, but they are not overpriced (there is a difference).
 
Look inside an expensive imac or macbook and you might see cheap realtek/agere/etc chipsets, look inside a cheap dell desktop or laptop and you might see intel/ti/etc chipsets.
I'm not sure how you can say 'pcs use cheaper components' when there is such a large range of systems.
Macs are expensive, but the value of the system is up to the guy buying it. There's no denying that you get much more hardware for your money from an average pc compared to a mac, but the design, os and to a certain extent even the brand lock in might be worth it to you.
 
I think you should re-read what I said:

You can get PCs for less, but those use cheaper components.

Those less expensive PCs do use cheaper parts, in particular the chipsets. You can certainly get PCs built with contemporary parts are just as expensive (or more expensive) as Macs. Again, that doesn't mean you can't get a decent PC for less money than the current Macs and which outperform them (after all, I have one ;) ), but it is very difficult to find, for example, a PC built on the SR chipset (which is dated, of course) with Penryn cpu in a nice small footprint aluminum enclosure containing a 24" H-IPS display and all the other crap that comes with an iMac.
 
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