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Very surprised no one has mentioned this already. Old news now.

The 360 Elite. Features a 120Gb HDD and now with an added HDMI port. It's also black. It's released in the US and Canada on April 27th 2007.

In my opinion the PS3 has worried Microsoft that they feel the need to release another version of their console. Also, it's hardly worth calling it 'Elite' as there's not much upgrading to be seen.

Xbox 360 'Elite' on Engadget.

Yeah, i don't believe it's worth paying $200 more for an HDMI port and 120gb. RIPOFF

I'll probably buy this one for the fact that it has the HDD and HDMI, and the fact that the black one looks waaaay cooler.

Well good machine, but I have an half empty 20 GB hard drive, so not really impress by the 120 GB.

The HDMI is suppose to be 1.2 instead of the 1.3 on the PS3, and I think it can't do full HD. So for me, I'll stick with my old 360 (since I bought it in january).

Looks cool but....PS3 is getting my money.