With its HDMI port, is the new Mac Mini the home theater computer you've been waiting for?

After years of consumer complaints, Apple finally bowed to pressure and stuck an HDMI output on its refreshed Mac Mini, which debuted on the Apple Web site this morning. It still may not be the rumored next iteration of Apple TV (GigaOm even asks if the Mini is the new Apple TV), but could it be another entry point into the living room for the company?

Also in the Mini's favor is built-in 802.11n Wi-Fi, a move that makes it more convenient than about 90 percent of "connected" home theater devices, which still rely on a wired networking port. And the Mini seems like an incredibly open platform compared to Apple's other new devices, capable of supporting this thing called Adobe Flash you may have heard of, as well as Boxee's media center app.

Still, it wouldn't have taken much more for the Mini to really be enticing for people who want a computer in their home theater. While the Nvidia GeForce 320M graphics are a definite upgrade, that's still not much horsepower if you want to play games from, say, Valve's Steam platform on your HDTV. (On the other hand, the new Mini's even-slimmer form factor does limit the number of graphics card that could fit.) More egregious, though, is that the Mini doesn't come with a Blu-ray drive -- only a DVD burner instead. Do I really want to pay $699 for this Mac and then another $150 for a Blu-ray player? Then again, Apple is in the business of getting you to stream HD movies from iTunes instead of buying and renting Blu-ray discs.

What say you? Is this Mini a more attractive option for a home theater computer now with an HDMI port? Or is it still too pricey/limited? Let us know in the Comments section.