Check out the "Sale" section on the Applestore site -- they have the "old" iMacs on sale for only $999. Seems like a really good deal to me, if you're in the market for a new iMac.
They've also dropped the refurb price of the same machine to $899
iMac G5 17" 1.6GHz Combo Drive
512K L2 cache
533MHz frontside bus
256MB DDR400 SDRAM
NVIDIA GeForce FX 5200 Ultra
64MB DDR video memory
80GB Serial ATA hard drive