Fan noise. according to benchmarks even the 21"i7 iMac kicks the crap out of the 6 core Mac Pro costing 300 more refurbished and still needing a monitor.
So 600 more with a mid level 4k monitor. It's 3rd in single core geekbench scores and just below 8 core and 27" i7 on multi-core. Seems like a decent trade off.
I'd like to see a link to those benchmarks if you have one handy.
Sounds like you convinced yourself on your decision then. For me Lightroom and (most of) Photoshop doesn't take advantage of the i7's speed-boosting hyperthreading/cores, while playing Youtube streams tends to get the fan going, which is just annoying, too annoying to me. The only reason I need MOAR POWER is for Lightroom, and while the app is progressing (slowly) to take better advantage it just doesn't make an appreciable difference with exception (like exporting images).
If you're willing to spend relatively more on a 21" iMac and break it open (possibly voiding warranty if you need work done) in the name of pure speed, I'd just recommend spending less and assembling an even faster hackisntosh. I just don't see the 21" iMac as being that great a compromise for most people, and if you've got extreme needs that regularly take advantage of apps that accept hyperthreading then there are better DIY options.