Apple iMac and iLife coming soon?

New Appple iMac and iLife?

The 27-inch iMac is becoming hard to buy for some customers, which could mean that an updated version of the desktop Mac is on its way.
MacRumors reports that at several Apple stores, some models of iMacs are no longer available for in-store reservation and pick-up, suggesting that Apple has let the supply run out. It follows a rumor last week that Apple is gearing up to introduce a fresh update to the all-in-one desktop. Apple hasn’t released a new iMac since October 2009.
Apple could be unveiling a new wide-screen (16:9) Cinema Display soon as well.
There’s also speculation that a new set of desktop apps could be arriving soon. AppleInsider reports iLife ’11 is coming on Saturday, August 7.
Along with a new version of iWeb, iPhoto is rumored to sport improvements to Faces and Places (iPhoto’s facial-recognition and geolocation features), and have more social-networking integration. Currently iPhoto allows export directly to third-party sites Facebook and Flickr.
iDVD is rumored to be deleted from the software suite, but the same French Mac blog says there will be a new “mystery” application included in iLife ’11. Any ideas what the unnamed iLife app would be?

Add your guesses in the comments please.