CPU speed is not the only thing to consider when buying an iMac. The tray loading units are older than the slot loading units. I have had a 433/512 iMac for about threee years and have had NO problems with the hardware.
Be aware that you are buying a used unit that you cannot test on ebay. Try the swap list also as these people are more likely to be more informed and helpful than most ebay sellers. I have been burned with ebay by not getting what was advertised.
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