G5 sales expectations may have been high. It's a first release ... First product w/ PPC 970s, 1st w/ new multi-fan cooling system, first w/ new case design, first w/ new MB design (Hypertransport), and the frst system w/ SATA drives...
As much as I've been drooling over the G5 since it's launch, I never buy the 1st release of any product.. TVs, computers, printers, software, etc.. I waited for the PB G3 300 even though everyone was excited about the first gen 233, 250, and 292 G3s.. even managed to save some cash.. And I waited for the PB G4/550, managed to save over the 400/500 PBs on that one too..
I suspect that inspite of the pent up demand, that there are many waiting for a revision (any revision - not just waiting for 3GHz or posing that can't afford it anyway...) before jumping into being a beta tester. Apple may have been well advised to have had a revision where the included drive sizes were changed, just so there would have been a precieved revision.... For some that may have been enough to get them to jump, to feel that any bugs there may have been had been addressed.
When Apple does release the next update, there will be buyers that have been waiting for the 3GHz update as well as the people that never buy 1st release products.. There will be a nice jump in sales. And yes, there will be some that just bought 2GHz G5s that will say that they're waiting for 4GHz before upgrading.. Starting to feel old all of a sudden...
Just my $0.02
Me