Well, no new Mac Mini this time, but almost certainly still coming. Didn't expect it really, but had to put the possibility out there a couple of weeks back.
However, with the new consumer level iMac must be some indicators of the future of the Mac Mini..... return to a separate power supply, thus likely smaller size, for instance. Pretty much a Mini with a monitor, it seems...... priced at about the cost of an M1 Mac Mini plus a decent 4K monitor.
Versatility was why I bought the Mac Mini original in 2005. I didn't want a portable to tote day to day, but (as an ex-pat university teacher) I wanted something easily occasionally transportable in a backpack from time to time. I got my second Mac Mini in 2009, and am using it right now. It fitted my needs until 2017, when I did start to need a computer to take to work most days, so I got a MacBook Air to supplement the Mini.
Recently returned to live home country, my situation has changed. With the Air to use when I am out and about, occasional transportability is no longer a requirement for a desktop. However, handy it may be, a laptop does not cut it as my main machine, and the Air gets little use at present (though that situation is likely to change next year, when I return to study). Having a decent sized, good quality monitor for photography and general use does it for me. So too do good sounding speakers.
While I was looking at almost certainly getting a new M1 Mac Mini to replace my 2009 model sooner or later, scarce supply of 4K monitors where I am at (an island in the South Pacific) has been one reason I have held back. So too does the fact that the 2009 continues to run just fine, and remains adequate (if a little slow by today's standards) for most of my daily needs, still with the original HDD!
Now I am less than certain. The arrival of the new iMac has given me further cause to hesitate..... One way and another, it looks an elegant, hassle free solution to my desktop desires going ahead. I'll certainly be taking a closer look when it does arrive in the stores in due course.