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Nope

The next update for the mini will be sooner, rather than later, imo.

Since the Macbooks are already up to the SantaRosa chipset, and have a new GPU in the X3100, those are the next updates to the mini. I would expect by summer to see the new macbook components in a minor update to the mini's current specs. Wireless N would also be a great and do-able upgrade, but I guess that depends on Apple's will :)
 
A small update is likely

I believe a small update is likely, nothing too big other than the following:

1. Intel X3100 integration
2. HD option up to 320 GB
3. Penryn!

# 2 probably won't see the light of day though. But I can see a bump to X3100 and Penryn whenever Apple wakes up to smell the coffee that people want at least a decent graphics option...
 
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