Headless iMac = center of your ‘digital living room’?

Everybody seems to be tripping on this idea of the
rumoured headless iMac as a digital media hub. It makes a hell of a lot of sense. Media is converging at warp speed, and folks are going to need devices that help them keep on top of everything. These devices will need to a) be easy to use for the average consumer and b)
just work.

Increasingly, these devices are going to need to be able to speak to each other, or otherwise act in concert. How awesome would it be to have a bevy of cool gadgets, each doing their own tasks intuitively and well, combined with 'one gadget to rule them all' that would centralize and coordinate the efforts of, say, your iPod, your TiVo, and your satellite radio receiver? You come home, fire up your entertainment server brain, and get a list of all of the new
'content' available to you. Make your media selection based on your mood.

What do you think? Is Apple cooking up a gourmet dish of media server goodness?