American law suits would make me laugh if they weren't starting to appear in the UK.
How on earth could this guy justify $5 million damages?
The most he can justify is the price of a replacement Mac, the day off he required to go and get it, a bit for gas and maybe some money for a techie to transfer all his files and applications over.
Anything over his obvious losses should be down to the judge to decide as a punishment.

Is it always someone fault if we have a problem? If there is the slightest chance of making money, by all means, take legal action, regardless of merit. This story speaks to the "i'm entitled" attitude. In the US 25% of the cost of healthcare is related to legal action. We tolerate frivolous lawsuits which costs everyone money and disrespects those who have legitimate claims. Whatever happened to doing the honorable thing?
In this specific case there was an opportunity to purchase extended warranty up to 1 year after original purchase. I'm sure it was disappointing to have a failure in the display after a few years as this is not typically a high failure rate item. I expect this disappointment turned to anger, frustration, and rage. I feel sorry for the guy because he had a failure. I think less of him for his greedy self serving behavior that in the end everyone else pays for.

Oh well. I might as well go sue the butcher for that meat I bought off of them that went off after leaving it on the bench for a week. Seriously, the guy should have just spent the time and energy he put into trying to sue the manufacturer and bought a new computer.

Or bought heaps of lottery tickets, he'd make more money out of them than attempting to sue over a 2 year old discontinued machine which could have been fixed anyway.

in this story, the iMac G5 was discontinued in March '06 (January for the 17" model), 7 months before the plaintiff claims to have purchased it. According to him lines started to appear 2 years after the model was discontinued (well beyond normal warranty periods) and he had over 9 months to take it to Apple who would have still repaired it for free (see http://www.apple.com/support/imac/repairextensionprogram/ )