I've seen some scary cheap deals from the likes of Dell recently, but now Apple is apparently planning something pretty special. They are going to supply a Mac at the price point of an iPod - a sub-$500 Mac.
The new Mac code-named Q88 that will come in a small flat case without a display will be focused around traditional Mac software, such as Mac OS X, iLife Suite and AppleWorks, not really high performance. The machine will be based on a PowerPC G4 processor at 1.25GHz, 256MB of memory, 40 - 80GB HDD, ComboDrive, USB 2.0 and FireWire 400 connectivity along with different communication options, including 10/100Mb/s Ethernet, 56K modem and 802.11b/g wireless LAN, according to a report from ThinkSecret web-site.