They better not, $1199 for a computer like the baseline imac is a joke and just gives fuel to the mac haters fire.
I thought it was going to happen the past 3 weeks. I have pretty much lost hope for an update this spring. Everything has pointed to one:
1. Special price on refurbs
2. MacBook updates
Now I am beginning to think they might just hold out for a Montevina update in the Summer.
I don't think they can, Intel may have completely phased out Merom by then, in favor of Penryn.