Should I Wait for the M1 Apple Imacs?

Vernon is thinking about upgrading to the new M1 Macbook Pro. But he would really like a desktop. Leo says to wait until the new M1 iMacs come out. No need to get another Intel machine at this point. Leo suspects that next Spring will bring a bevy of new desktops coming with not only the M1 chip but an even more powerful model with more RAM. 

What about a NAS? Leo says you can take that old Desktop and convert it into a homebrew NAS using FreeNAS and multiple drives, but Leo says a five-bay Synology NAS is a better option.