I took a look at the Crucial memory configurations for the new iMac & I can see how that is confusing, but I think I know what is going on. I see where they say the memory is not dual-channel; note that they also say the memory does not have to be installed in pairs. I went to the PC side of the Crucial memory configuration & picked out a high-end HP system at random; there, the memory was identified as dual channel and that the modules have to be installed in pairs.
As Rick L points out, we know that the processors in the new iMacs incorporate dual memory channels (BTW, Intel has a really neat site that gives all kind of details on their processors at:
http://www.intel.com/products/desktop/processors/index.htm?iid=processorsbody+dtcore
My conclusion is that when Crucial classifies memory as dual channel, they are really talking about whether or not the memory controller in the computer
requires the modules to be installed in pairs. I'm thinking that some vendor's implementation of the dual channel memory controller is so rigid that bad things will happen if the memory is not configured in that manner. I know some PCs will have color coded memory slots to guide one to put the modules in the proper slots in the proper order. I think the iMacs will function regardless of how the memory slots are filled; hence, Crucial does not classify the memory as dual channel. (Again, the memory module itself is not "dual channel" - dual channel is a function of the processor's or motherboard's memory controller.) This is consistent with the information Rick got from Apple.
I remember that when the latest Mac Pros came out with the triple channel memory controller, there was a lot of discussion (& testing) about whether a 3 module X 2 GB/module configuration had a performance advantage over a 4 X 2 configuration. I can't remember which had the performance advantage (maybe the 3 X 2 was a little better), but perhaps you could search out the Mac Pro discussions on the web; I would think the results there could apply to the iMac case.