It looks likely that we won't see an M2 iMac. Meanwhile, Apple has started to roll out some more powerful options in the higher end M1 chips and new M2 chips. There could be a number of reasons to upgrade (need more power, want new RAM/screen size/ storage, etc) or reasons to keep the current machine (like footprint, good performance, etc).
Curious as to what folks are thinking
Curious as to what folks are thinking