Xbox 360 Elite

[peon]

To me the Elite system seems like an excuse for Microsoft to not lower the price of the current systems. Anyone buying the premium system can tell themselves that for only $79 they'll get HDMI and a 120GB HD. Microsoft is going to sell the 120GB HD for $179 so skipping the premium and going for the elite will definitely save you money. If Microsoft lowers the price of the current models then the price savings wouldnt matter much and there would probably be no good reason to get an elite model (unless you really want HDMI).