Tell me something, why does the mac mini cost $500? The 17" Cinema Display is only $999, and the iMac 17" $1299. Rip out the display, and you have a $300 G5 with more options and better graphics than a Mac Mini. Just cut up the board and put it in layers, and book it fits into the case (hey, reminds me of the old LC designs).
I think Apple could have done a lot better, but still, they did okay. I could see a beefier mac mini soon.