Debatable... I bought a Slim 250GB just because my 120GB Elite died. Unfortunately it wasn't an RROD death (GPU fried). Because it wasn't fixable Microsoft fobbed me off.
As there is technically no difference, I'll put down the aesthetic pros and cons of the slim:
Pros:
- Smaller, glossy black and a refreshed image from the 7yr old brick we know.
- Makes a nice soft 'Ping' noise when you open the disk tray or power it on/off.
- Quiet(er) and no overheating issues.
- Built in N wireless adapter.
- 250GB storage.
- The black controller supplied has a chrome coloured 'X' connect button (I'm clutching at straws here).
Cons:
- Still has a clunky disk tray.
- It is still quite noisey. Not quite 'brick in a washing machine' like the vanilla console but it's still very audible.
- You need a Hard Drive transfer cable to shift your data and profile to the new console. MS charge £15 for it when you will only use it once! Unfortunately none of my friends had upgraded so I had to buy one!
Those are stupid comparisons but they are probably what you want to see.
You shouldn't upgrade if your Elite still works fine. '720' is apparently on course for Q4 2013 so start saving for that. You won't add any resale value to your console by 'upgrading' to the slim.
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