"Introducing Xbox 360� Elite, the premier Xbox 360 console package that includes a massive 120GB hard drive, a high-definition multimedia interface (HDMI) port, a high-definition cable, and a premium black finish. Xbox 360 Elite also includes a black wireless controller and black Xbox Live� headset."
Available April 29th for $479 USD. We finally get HDMI, and a bigger hard drive to store all that HD content on. The road to IPTV on the Xbox 360 has officially been paved.
From Rumor to Reality: Xbox 360 Elite
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