GeekSugar (via Gizmodo) claims that the long awaited iMac refresh is due next week.
The new and improved iMacs are said to be at the same price point as the current models and will probably receive a speed bump as well as a hard-drive increase.
GeekSugar correctly predicted MacBook and MacBook Pros in the final hours leading into the last update, which turned out to be accurate. Rumors of both iMac and Mac mini updates have been persistent for weeks. At a minimum, the iMac is expected to adopt the most recent Penryn processors. The iMac was last updated in August 2007.