Megamacs offers its refurbished Apple iMac Intel Ivy Bridge Core i5 2.8GHz 27" Desktop, model no. MC511LL/A, for $1,299.99 plus around $36 for shipping. That's $787 under the lowest total price we could find for a new unit. Features include an Intel Core i5-760 2.8GHz Lynnfield quad-core processor, 27" 2560x1440 LED-backlit glass display, 8GB RAM, 1TB 7200 rpm hard drive, ATI Radeon HD 4850 512MB graphics card, AirPort Extreme (802.11n), and OS X 10.7 Lion. Deal ends February 19.

A 30-day MegaMacs warranty applies.