People familiar with the matter say the Cupertino-based Mac maker has called upon its award-winning design chief Jonathan Ive and his team to cut the fat from the the current iMac line and outfit a pair of new Core 2 Duo-based models in a form factor that will be both slimmer and sleeker than today’s offerings.
The article points out that Apple is likely to rid their 17" iMac from the line-up entirely, while concentrating on their 20" and 24" models. It is going to be interesting to see what the iMacs will look like after a re-design.
Source: Apple Insider