Is now a good time to purchase an IMAC?

I bought my first mac two years ago, macbook. Words can not express how much I love the laptop and osx in particular ofcourse. Now I want to replace my xp machine(dell dimension 8400) I simply want to get rid of windows in my life. I have gone over the applications I use and I simply have no need for windows and when I do, ofcourse bootcamp or parallel is there.
This post is more about should I bite the bullet on getting a new imac, its of course going to be pricey, I am estimating 2400 for 3ghz, 1tb, wireless mouse and keyboard, 2gb ram. That's after I sell the free ipod touch im getting and the $100 printer.
What does the current gen have missing? I don't plan on purchasing another imac for five years or so. My current dell xp machine is still fast to me(4ghz, 1gb ram) so I cant wait to see how fast this imac is. Since we do not know what the future i understand its a hard question but im sure there are some folks here who may not think its a good idea. The only problem I see with the imacs this gen are display issues, and I'll just keep returning them until its fixed.
I should also mention I have been looking at the mac mini also and because I use dual monitors with my dell I could use one of those monitors. However it seems the mac mini life is very short and its just about half the price compared to the imac, so it really does not look like a good deal to get one.
Message was edited by: xtac

The iMac displays I've seen at the local Apple Store look great to me, especially the 24-inch model. I was playing HD movie trailers on it full screen, and it looked amazing.
I can't think of anything that is lacking, based on current technology. If you're into gaming, I suppose it can always have better graphics chips... I'm sure toward the end of the "five years," you'll want more than the 4GB max for RAM. And there will probably be a quad-core version of the Intel CPU by then, and some type of faster wireless, and faster mid-range graphics chips from ATI or NVIDIA. But for what's available now, it is up-to-date as far as I can see.
You can even use your current display as an extended desktop on the iMac, through the mini-DVI port. You'll need a $19 adapter for either DVI or VGA (whichever type your display uses).
Because Apple does not offer a mid-range monitorless desktop between the Mac mini and Mac Pro, I bought the smallest size iMac available (17-inch white 2.0 GHz Core 2 Duo model) as a refurb. I plugged in my excellent existing external display as the main display with the iMac off to the right as the secondary display. I did not consider the Mac mini because I wanted to use two displays and it also has the inferior Intel graphics. Even though my iMac is actually a 2006 model, it's a great performer; I have no complaints.

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