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Originally Posted by D.J. Fluck
So, help me weigh out the positives and negatives for both sides so I can make my decision in the next couple of months.
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If you're going to wait anyways, you may want to check again after MacWorld Expo in January. Rumors are afloat about a possible Mactel iBook release, with price drop.
That said, it depends on what you want to do with it and what you consider overpriced. If you have some Windows-specific programs you absolutely want to carry around with you, consider waiting and seeing what pops up after the switch. There's no guarantees Windows will work flawlessly, if at all, but chances are good it'll get hammered out quickly. On the other hand, if you just want something that works for class and travel, there's no reason to wait (other than a potential price drop). Apple has pulled off chip transitions rather painlessly in the past, so whether you buy now or later, everything should still work as a Mac, and continue to work (including new program versions).* No matter the chip, an iBook will probably be more expensive to buy--but you do get what you pay for.
*There is some talk about whether un-ported code will run slower on Mactel, but it'll be hard to say until more people get to play with them. The chip is supposed to be a few steps faster overall (and thus might make up for any sluggishness) and have better battery life, though.