$799 iMac Just Released

User Iriejedi wrote in reporting that, "Low memory (64 megs) and slow backside cache and a normal CD-rom drive are the trade off for cost - but for $799 the 500MHz G3 machince is not a bad starting point for low end users...

Now available at the Apple Store!"

It's there alright. Nice to have an iMac with a pricepoint this low in the back in the lineup. 64MB is pretty slim, but then memory costs about the same as water these days. Good news.