UPDATE:

Encased in brushed metal, the new Mac mini features a square shape with rounded edges and is somewhat similar in appearance to an Apple AC power adapter. It features a slot-loading CD-RW/DVD-ROM Combo drive, USB 2.0, FireWire 400, DVI and VGA connectivity.

The Mac mini comes in two models -- a 1.25GHz, 40GB G4 system for $499 and an 80GB 1.42GHz G4 system for $599.

That's all Macworld has. No pictures on Apple's site yet...

UPDATE: They added this bit:

Jobs describes the Mac mini and BYODKM: Bring Your Own Display, Keyboard and Mouse. The Mac mini works just fine with Apple's peripherals, of course, or you can use other industry-standard peripherals.

So I guess you can buy Apple keyboards/mice, or you can get a USB Windows keyboard—not sure how Windows keys will work on the Mac, or what will map to the Command key, or what those dumb vestigial keys like Scroll Lock and SysRq will do—and a regular old minimum-two-button mouse, which is probably no big sacrifice (except for beginners, who as studies have shown mostly don't know what the second button does... but I suppose they can buy an Apple mouse or deal).

Also there's iPod stuff, like this:

Mercedes Benz, Nissan, Volvo and Scion will be introducing iPod adapters for their factory-installed auto stereos in 2005. Alfa Romeo and Ferrari will be doing so as well. Mercedes is an exhibitor at this year's show, and is showing its SLK and CLS models with iPod controls.

Now that'll be something to see. iPods in all the lifestyle magazines! There's no way they planned this.

Flash-based iPod coming up...

UPDATE: Do the iPod shuffle!

Apple's latest digital music device, the iPod shuffle, is shaped like a long, thin rectangle with beveled edges. It has a headphone jack on the top. Clad in white with a grey button interface laid out similarly to the iPod and iPod mini's clickwheel. It measures smaller than a pack of gum and weighs less than four quarters. Available in 512MB for US$99, or 1GB for $149.

"We are shipping them out of the factory starting today," said Jobs.

A cap on the bottom hides a USB 2.0 connector. You pop it off and plug it in to a PC or Mac's available port. An optional lanyard lets you wear it around your neck. Apple says the iPod shuffle's battery lasts about 12 hours per charge.

"Autofill" is a new feature in iTunes that will automatically build a playlist that will fit on your iPod shuffle.

Damn, that's small. Pictures! I want pictures!

UPDATE: There we go. Wow... I see. It's unpredictable... because it has no display! Heh—I get it! That's really pretty funny. "Enjoy Uncertainty!" Well, honestly that makes sense, because randomized is the only way I ever listen to my music; if I don't like something, I just hit Next. This is cheeky as hell, priced well, and could be lots of fun.

And then there's this... damn! The thing's no bigger than a CD! This is really going overboard with the whole "miniaturization" thing, wouldn't you say?

UPDATE: Apple's marketing is getting nasty!

Most low-cost PC manufacturers slap together Frankenstein machines by hacking away features from the high end (of three years ago, anyway) and putting the warmed-over parts in ill-fitting cheap plastic boxes. They don’t really have a choice, since they don’t design any of the parts, from operating system to motherboard. That’s why most budget PC cases seem to be littered with a mish-mash of uncoordinated stickers from every component vendor on the planet. But Apple engineers can handcraft a new machine from scratch. For Mac mini, that means taking the time to decide just which elements make a Mac a Mac and then figuring out how to shrink them. And that process just happened to reinvent the whole concept of a desktop computer.

Ouch! But the picture at right is hard to argue with...

UPDATE: Funky box design for iLife and iWork. Has Apple gone all 70s on us?

$79 each, though. That's a price hike for iLife (I think), and a big price reduction for iWork (Keynote alone used to cost $99). I guess they figure everybody's gonna want Pages. Hell, I do... and not just because I have to get copies, like, right away, to write chapters on them...

UPDATE: Get a load of footnote 2 on the iPod shuffle page.

These guys so rule.

UPDATE: The video stream is available now for your viewing pleasure.

UPDATE: It was because of the frickin' front cover. Argh.