As a long-term Minimig owner/user who also has one of the prototype ARM controllers, I highly recommend these things to gamers who want an OCS/ECS A500 experience.
While you can access HDF files without the ARM expansion, the speed difference is massive, especially with large HDF files. Without the ARM you'll have to limit yourself to really small files (plus, the ARM makes updating much easier).
Also, buy the board with the 4MB installed. On my setup (4MB with ARM), I have a 2GB HDF file running ClassicWB with an endless supply of games installed to play via WHDLoad.
One more tip for those unfamiliar with the design: Don't buy the boards without the PIC unless you're also buying the ARM controller. You must have either a PIC or the ARM board for the Minimig to work.
Here's mine installed inside a eMachines PC keyboard:
