This is a nice, and cheap, way of making your own iMac. Of course the specs aren’t the same, and loading a CD would be pain, but it is an all-in-one computer.
The Mac mini is so small that you can put it in a lot of interesting places, even on the back of a flat panel monitor! You could buy custom-molded mounts online, but they’ll run you about $50 with shipping. Being cheap creative, I made my own for under $10!