OK, I know I'll be labeled a hater, but it's overpriced for the minimal bump. This "bump" really just puts the thing where it should already have been by now more or less, or they need more attractive pricing. Ya see, there's this little thing called a recession going on now that makes anemic electronics less desirable, "it's the economy stupid."
To make it worth the price Apple should have sweetened the deal IMO. Right now, the high-end maxed out is only slightly less than the low-end iMac but with no monitor. If they really wanted to basically sell the same machine tweaked a little, they should have thrown in more.
If they're going to offer it with Front Row included (a good thing), they obviously want to further the idea of the mini used as a digital entertainment hub. They should lose Apple TV and let the mini cover both the entry computer and home entertainment markets with the production cost of a single unit. That means little without a built in HDMI port. I think it's performance limitations are a function of it's size. Keeping it small and quiet (which I'm guessing includes heat-related performance limits) make it attractive to put in an entertainment system. But they configure it so you have to buy an HDMI converter which isn't just another thing to buy, there's more to it than that. That won't get audio to your home theater set up so you have to ad another cable, probably with a Lft/Rt splitter to inputs on your A/V receiver. Just more wires in your cabinet.
The typical home theater enthusiast has at least the A/V receiver, cable box, game console, maybe a DVR. Anyone building a system or adding new things to it wants it as close to "future proof" as possible and as few cables as possiblethat means HDMI. HT equipment without HDMI is simply outdated. The remote is necessary to make it useful as part of an HT system, that should be included standard for all models as well. As a computer alone it just isn't that impressive considering it's present cost structure. The low-end should have 2 gigs RAM standard at the current start price. The high-end should have 4 gigs and/or the larger HD standard at the current start price. Those things would make me want to buy one. As it is, not so much; I'm a little underwhelmed.