Less than two weeks after announcing a CD-RW version of its high-end 733MHz Power Mac G4, Apple has slashed the cost of this non-SuperDrive model by £100.

The 733MHz Power Mac G4 was originally available only with a CD-RW/ DVD-R combination drive when released at January’s Macworld Expo in San Francisco. In early March, Apple announced that “greater than anticipated quantities” of the 733MHz processor” meant that it could now offer a model that swapped the more expensive SuperDrive for the same CD-RW drive that shipped with all the other Power Macs.

Apple announced a price of £2,199 (ex. VAT) for this new CD-RW model. Yesterday, Apple quietly dropped this price £100 to £2,099. The SuperDrive model still costs £2,499.

The 733MHz Power Mac G4’s 733MHz processor has 256K level-2 on-chip cache and 1MB level-3 backside cache. It ships with 256MB of PC133 SDRAM memory, 60GB Ultra ATA/100 hard disk, Nvidia GeForce2 MX with 32MB video SDRAM installed in a 4x AGP slot, two FireWire and USB ports, four PCI slots, 10/100/1000BaseT ethernet, and built-in 56K V.90 modem. Bundled software includes iTunes and iMovie 2.