Mac mini vs. imac

Okay looking for some advice. I'm sure this has been discussed previously, for that I apologize. Need to replace my main computer ( currently a imac g5 ppc) because the screen went dark and its just old anyway. I have loved this imac so top on my list was to check out the brand new iMacs, which look amazing to me! (Especially with the 27" screen). A friend of mine who has a MBP was trying to convince me that desktops are becoming extinct and that the MBPs are every bit as capable of a machine as any IMac. I think it's an interesting discussion. However, once I started to price either option ( a nicely loaded 27" iMac vs. a MBP) I soon realized that I may have to rethink my options. Trying to more fiscally responsible this year ( a resolution) I had to look honestly about my computing habits. Our family has 2 iPads and 3 iPhones. If I'm truly honest about what I really need a computer for its very little. Mainly just basic computing needs as well as controlling a huge music library (300 GB). Since I got my ipad 2 I'm using it 80% of the time! Enter the idea of the new Mac mini. My first thought was that it was a cheap way to get by until I could save the funds to get a REAL machine! (MBP or 27" iMac) Obviously I have a compensation problem regarding this because I can't help but want the big bad machines! But I know it's overkill for me ( hard to admit but true!). So with level headed ness I'm trying to determine which Mac mini is right for me. Hear it goes. This will be a family's main computer. None of us do anything particularly advanced however, would like some future flexibility regarding this as I have 2 teens of which 1 is starting to get into photography. The rest is playing videos and managing our big music library but would like to get into some basic video editing as well. That's it. I have all the gaming systems ( spoiled teens!) as well as a separate small home theater for watching movies so I have those areas covered. When I start pricing the Mac minis I'm interested in the $799 base model but when I add the features that interest me, namely the fusion drive and faster processor it prices out at $1049 with no monitor! Well for $1299 I can get a base IMac! So this is a real long story (I'm so sorry!) to really just ask this question. Which is the better buy for me? $799 Mac mini with add ons? Or a base model Imac @ $1299? I really want hear personal experiences and discussions regarding this. I want to solve my computing needs for the next 6 years or so. (Is that realistic?) and even though the higher end machines are probably out of reach for now (ever?) I would like thoughts on the whole MacBook Pro vs. loaded 27" iMac thing as well. Sorry again for the lengthy post. I just didn't want questions thrown back at me so hopefully I gave all the pertinent information. Thanks in advance!!!

Hello, my thoughts...
Mac Mini will outdo your G5 iMac by miles & likely do what you want, but I hate the fact it has no real Video card & will likely be one of the 1st ones dropped in some future update of the OS if history repeats itself.
MBPs, while fast, are short term fast, not really meant to be run all the time at full speed, are too expensive to upkeep & repair.
2012 iMacs, seem like disposable computers to me, if getting the 21" model you must upgrade the RAM to max at purchase, 27" can upgrade the RAM later, but both are nearly impossible otherwise to even do a simple thing like replace the PRAM Battery.
No matter which you get, be sure to factor in & get the 3 year exyended AppleCare, & expect the new Mac not to last near as long as your G5 iMac did.
Have you cconsidered a newer yet older Mac?
The Aluminum or up here...
http://www.powermax.com/parts/code/PM_CU_IM_I4?p=2
21.5"...
http://www.powermax.com/parts/code/PM_CU_IM_I1
27"...
http://www.powermax.com/parts/code/PM_CU_IM_I8

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