Sounds good! Here's a weird thought. Can I use my iMac monitor for the mini?or will it need it's own monitor? I there such a thing as 'monitor sharing' Didnt hear that term anywhere, just made it up....
You can, assuming you have the 2010 revision of the 27" iMac (I think you do, but the clock speed you gave in a later post doesn't match; assuming a typo?) AND have a non-thunderbolt equipped mini, but rather a mini with a mini displayport. With that combination, you can simply run a mini displayport cable between the two devices and use the Target Display Mode. Only thing with this mode, is you can't get a picture-in-picture effect, so you'll have to work with either the iMac or Mini's desktop.
Or, alternatively, you could boot the mini using a separate display, set it's preferences to allow for screen sharing, and access the screen like that. Depending on your network, that should work just fine, but could possibly be a bit laggy. This option would let you choose from more Mini models as well