yes, a few of us were disappointed that the iMacs weren't updated back then with the notebooks... a thought came across my mind when Apple has only just released the new 24" cinema display a few days ago -- this could mean that they're also revamping the iMac screens with the new LCDs. They are also probably making a 20" variant for the smaller iMacs. so I think it's got something to do with the LCD, and the next update would bring that screen and a speed/spec bump. a TUAW rumour mentioned the possibility of a quad core iMac, too (introducing new processors as oppose to just using the higher speed processors in cheaper models). Another factor is that the economy is sluggish at the moment, they probably want to finish selling the stocks instead of introducing a new model and sell the current ones at a cheaper price. This is just what I'm speculating. There's no sources where I got this info; I came up with this hypothesis from reading TUAW and Mac Rumours... so don't take it for granted, so I could be wrong; just wanted to share some thoughts.