Well I'm glad we can maintain our friendship throughout this ordeal! 🙂
In previous releases (probably starting at Leopard) I would have agreed with you wholeheartedly that you cannot run new hardware on the previous full-release software. However it seems like with Snow Leopard Apple has gone to a more iterative approach where they aren't doing a complete tear-down re-write of the next generation OS. As a result there seems to be some edge cases like this one where we are able to get the previous OS onto new hardware.
Or that could all be non-sense and the reason the new Mini can go backwards to SL is because Apple recognized that many people still need Rosetta and they felt extra compassionate that day. 😉 I think dropping Rosetta is a pretty big deal and Apple knows that. As a result they made sure that the 10.6.8 update included the necessary drivers to keep the new 10.7 machines running for the short term.
To be honest my perseverance is partly due to finding some references to Thunderbolt in the System Profiler. It occured to me that the new iMacs with Thunderbolt were released BEFORE 10.7 went live. And as a result their hardware needed to be supported by SL (I think that was probably 10.6.7 but I'm guessing). This was just the glimmer of hope I needed! 🙂
As an aside for those who are interested. My Mac Mini has the upgraded video card in it (AMD Radeon HD 6630M) and video appears to be working as expected. I have not plugged it into my HDTV to try out movies yet (still importing my media collection into iTunes, it takes awhile) but I'm confident that will go smoothly. For those of you with the Intel HD 3000 you should be fine since that video card has been in several different Macs recently so it's fully supported by SL.