All of you bashing this as low end and the video not being up to speed need to keep in mind that its not meant to be a game machine, its a entry level, low cost Mac intended for users that want to move music to and from the ipod, surf the net, send email and work on some basic things. It can do some nice games. I have a slower iBook with the same 9200 chip in it. Its got 1.25GB of RAM sure, but I can run Unreal 2004 on it just fine. This will be a great machine for those wanting to try a Mac at a low price entry point.
Video with Steve Jobs showing the new Mac mni
HERE