What can I say its a great system and has a very wide selection compared to the PS3 but thats if you can get one that eventually wont burn out. The graphics are nice and the games are varied and good but the headphones you get with it are cheap and die after a month. This is easily taken care of with a better one but if you dont buy the elite and you want 1080p well your out of luck this one does come with 1080p and an HDMI cable wich is a relief knowing that the cable itself could run you between 30-60 bucks. Microsoft has a major failer rate with the 360 they last about a year on average once it dies you can send it in then once it comes back expect only 3-6 months before it happens again. The help line wont really do anything besides tell you to send it for more repairs. This is money well spent else where.
I have to say though the system was vary good while it worked with an online marketplace to do all your old and new school arcade shopping movies and wallpapers you can put on your pc but. Its a good idea to wait this one out until they fix the bugs.