Computers just keep getting cheaper and cheaper! Apple thinks it’s onto something with all of those Windows users who are getting a taste of something Apple from their iPods, and wants to win them over. How better to do so than with a bare bones, G4-based iMac for $499?

The new Mac, code-named Q88, will be part of the iMac family and is expected to sport a PowerPC G4 processor at a speed around 1.25GHz. The so-called "headless" iMac will allow Apple's target audience -- Windows users looking for a cheap, second PC -- to keep their current peripherals or decide on their own what to pair with the system, be it a high-priced LCD display or an inexpensive display.

Offering 256MB RAM, USB 2.0, FireWire 400, 10/100 BASE-T Ethernet and 56K V.92 modem, the new Mac is nothing to be sneered at, although I think a memory upgrade would be in order. One has to admit, though, at such a low price it does make a rather tempting offer.