Yeah, I expect not also, but let's say you wanted to watch a video while doing a workout or doing the dishes and you wanted to make it follow you around? (I can't find anywhere whether or not it has a motor to rotate, but that is what was rumored so I am going off of that info)
Looks like the cost-cutters must have killed that swivelling idea, or at least it wasn't chosen for this initial iteration.
It otherwise does look quite a bit derivative of the iMac G4 though.