Some people use a computer as a tool...so spending 1/5th of the worth of a used computer as an upgrade to keep it going for another couple years is easily worth it....easily! The majority of people just care about surfing the net, instant messaging, listening to music, creating basic documents, sending emails and possibly playing around with pics from their digital camera.
Really? Memory, HD, graphic card upgrades are simple. But unless you call switching a CPU + logic board simple, keep talking and show how little you know. Let's I buy an iMac right now, doesn't matter which model. It will run fine for 5 years, and then what? Its value by then is nearly cut in half. Spending even $100 is roughly 1/5 of the total machine's worth. I assume a CPU + logic board would cost more than $100. Why would I do that? Wait, it's just people who are really smart like you, whereas my math skills are completely wrong and I'm completely stupid.