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Here in France the prices are definitely sensible. From 650 or 800 euros for a complete G3 or G4 pegasos II setup at APS (except the monitor). You could get a faster PC for this price, but for a "geeks" market it isn't necessarily relevant.
I love the fact that I support a better architecture (PPC), an unique system made by passionate people (MorphOS) and the fact that I have access to many others alternative OS'es (AROS, QNX, Linux, BSD, OpenBeOS later, etc).
It makes sense when computing = passion. The difference in power with a PC of the same price only makes sense if you make a big use of very demanding pieces of software...
1.3 G4 is already quite good.
BBRV : do you confirm that all Peg II G4 will be 1.3 ghz ?