New Educational priced iMac for $899

[gabester]

I can confirm this model is going to be available via Apple's Education channel. I don't think it's currently available for purchases outside of institutional customers, however. Also, refurbs are a challenge to acquire for institutional customers; Apple focuses on selling new product there and refurbs aren't usually available in quantity. (i.e. if you're big enough to be an institutional customer you're not buying LOTS of computers not one or two at a time.)
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