Wow! I've got to say that I'm quite amazed by the amount of interest that this thread has generated. I thought everyone would be too busy hammering on Commodore-USA too pay any attention to this thread.
Anyway, Thank you to all who have replied! Maybe it's just me, but I think have noticed a wee bit of trend in the responses that have been posted.
I'm still not sure what the processor speed is of this thing, where the heck is Sysinfo when you need it?
I can't wait to really find out how slow this computer with OSX really is. By all accounts, it seems that I should be waiting for inexplicable amounts of time for even the simplest task to run. All I've really done so far is just turn it on and stare at it while repeatedly clicking the left mouse button (It seems the right button is mis-placed.) while poking around the standard OS applications.