I was leaning toward the Mini over the Studio... Until I trooped down to the Apple store to run my "real world" test. Looking at a bazillion YT videos reviewing the Mini or Mini vs Studio told me very little how MY experience with these Macs would improve. For context:
I don't make money off my Mac (2015 27" iMac 4 GHz Quad-Core Core i7 with 32GB RAM and 512GB SSD), other than using it over my crappy work-supplied Windoze laptop while I WFH 97% of the time.
Browsing the web and running the standard apps is still not a challenge for my iMac.
For photography I run LR classic and PS, but shoot very few images these days. Maybe the urge to shoot more will return, but I'm not exporting 3K wedding images at a time. I have about 50K images in LR. I would appreciate the increased speed to view images in LR.
I make a few videos a month out of my GoPro 4k or iPhone in 4k. Some can be up to 20 mins long. Most are ~5-10 mins. Nothing fancy in the editing. I need to cull my clips, put them in a timeline, add a few titles and transitions and export them.
Believing the biggest bottleneck of my current iMac is exporting videos is the reason I wanted to get a real head-to-head test between my iMac, a base Studio and a Mac Mini base Pro. To substitute the Base Mini Pro I used a 14" MBP M2 16GB/1TB SSD.
I took a 1 minute 4k/30FPS on my iPhone and Air Dropped it to the base Mac Studio and the MBP. For these tests I made sure only FCP was running.
In FCP I made 1,5,10 and 15-minute versions from my 1-minute 174GB file and added a simple title that spanned the video. I exported using the default Apple 4k devices with H.264 faster encode.
Below are the stats I recorded between the three machines to export the same video, from 1 to 15-minute versions. I ran each test export at lease twice, some three times, and averaged the result if there was a noticeable difference in export time. I stopped timing as soon as the notification window popped up on the top-right of the screen.
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Considering how often I export videos I was surprised how little difference there was between my old iMac and the Mini for the export time. A few times a month can I afford to wait an additional 2:47 to export a 10-minute video? I get it if time is money and you're a professional. As a hobbyist the equation changes.
I had to get to a 15 minute video before I saw any real difference for the amount I use this computer for these intensive tasks. The performance gap between the Studio and the iMac versus the gap between the Mini Pro and the iMac now has me leaning more towards spending a bit more for the Studio. Amortized over how long I keep Macs this seems to make sense.
For LR and PS I would guess either the Studio or Mini Pro would get me the same results in speed over my iMac. It's not the quantum leap for a non-pro computer user I was expecting to see. Perhaps getting a quiet computer that does spin up the fans and is snappier overall are the only real benefits day to day. Going on 8 years this iMac has been an amazing computer and is shocking how well it's still competing against newer models.
Choosing a Mini or Studio is pure maximizer fun/hell.