Certain studios are format neutral which means that they support both formats. However, Warner has kept some titles off of BD due to technology restaints with IME and other features.
Looks good to me. I'm not sure buying an Elite would take full advantage of his TV as none of the 360's games/ movies are in native 1080p. However if you got a HD DVD or Blu Ray player than you'd be able to see what 1080p is all about.
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