You still have to buy a separate $200 HD-DVD to watch 1080p movies. And with 360's 5.1 sound capability I think composite cables would suffice. HDMI is really geared towards HD movie playback and HD sound...which elite has neither....what a joke. MS laughs at fools who will buy this.
In the end the $480 tag for elite..and someone owning a premium at $400...there is NO difference at all.
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