Just went through this myself having almost the same scenario as yours. For me, I had a mid 2010 27 iMac (i7, 2TB HHD)...light use in general,,but lots of Lightroom.....just a bit over 1TB used (mostly photos).
I sold it recently for $900 and used the proceeds to upgrade to the 2015 27 inch iMac (stock 2TB fusion model, M395 graphics, 8GB RAM....upgraded via OWC to 24GB). Couldn't be happier with the upgrade. Everything is very fast and the display is beautiful.
I considered the 255GB SSD option (supplemented by external drive via USB 3), but in the end the convenience (and good performance) of the 2TB fusion won out. Personally, I did not want to "manually" manage which files go where (SSD vs HDD).....much more convienent to let the Fusion drive handle it. Plus, with the SSD/External HDD option, the backup strategy gets more complicated (i.e. As you need to back up your external drive via something other than time machine).