Hi JRos23. Thanks for sharing your experience.
I also have a mid 2007 iMac (2.4 GHz Intel Core 2 Duo) and I'm waiting on reviews like yours to evaluate if it is worth to take the leap and update. Last year I updated to Mavericks from Lion (skipped Mountain Lion) and it improved a lot on many fronts. However, it only felt smooth when I updated the RAM to 6GB. Apple specs tells us that this machine supports max 4Gb, though I found many people saying that it would support 1x2GB + 1x4Gb, and it does. I trully recommend it. If it helps anyone, I bought these: link (sorry, Spanish Amazon store).
However, seeing that you're having a good enough experience until now I will definitely consider it as near future project, maybe with 10.10.1. Is it really an improvement or are there any daily usage setbacks?
Cheers,
JP