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Hi travistaylor. Just buy the iMac that's adequate for your needs. It does not have to be the fastest with the highest specs or Geekbench. There are also pros and cons like higher CPU speeds generate more heat as they use more power. Not trying to say don't get the highest spec machine.
 
When I was placing my order for 2 Haswell iMacs last week, I asked myself, do I really need all these high specs?

In the end, I just weighed out what I needed and what I didn't.

Spec-envy or not, it was never in my mind in the first place, because I still have a budget to worry about.

21.5" iMac:
3.1GHz i7-4770s
16GB RAM
256GB SSD
1GB GT 750M

I needed the i7 because I'm a freelance photographer, as well as a part-time videographer. I'm just an 18-year old student.
I went for 16GB RAM because it's going to be hell to have to send it to the Apple store to upgrade RAM for me. So I put it to the max.
256GB SSD. 512GB was too expensive, and the Fusion Drive was slower, so I compromised with 256GB and moved all my storage to external drives.
I paid for this with my own quid.

27" iMac:
3.5GHz i7-4771 (God knows why, but my dad always needs power for his physics simulations and modelling. He's a physicist)
32GB RAM (Originally, I ordered 8GB because y'all know how Apple charges exorbitant prices for RAM. So I bought 4x8GB RAM for just MYR800/USD253, much cheaper than what Apple charges).
4GB GTX 780. In Malaysia, it's MYR 510/USD 162 for the upgrade. So I thought, why not upgrade it, considering that it's non-user replaceable?
512GB SSD. The 1TB is crazily priced.

Edit: For the 27", I bought Samsung RAM. Before you start laughing at me, I bought it because Apple also uses Samsung RAM themselves. The OEM RAM in my Sandy Bridge MBP was from Samsung. Besides, it was the cheapest I could get in Malaysia. And since the 27" was going to be shared with my dad, I paid half, along with my dad. If I put a 1TB SSD in, I can't pay half (at least not after paying for the entire 21.5" myself).
 
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