I say go for it if you don't already own a 360. It's got an HDMI plugin, a much larger hard drive. It's just overall better than the Premium 360 and only $80 more.
Ummm considering the stand alone 120GB will be reportadly be a whopping 200$ and the Elite comes with this drive for only 50$ more then the Premium version it's a steal imo.... plus you get the added bonus of the HDMI port.
If you don't own a 360, then there is'nt a reason to not buy an Elite (other than cost ;)) If you buy a premium + the new HDD then you're still spending the same amount and you don't get the HDMI port. Either way, I hope you enjoy your new 360!
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