I bought an Elite a few months ago, the 120GB drive, Falcon chip. It died a month and a half later. There were NO Elites in the area and none on the way. Best Buy let me trade down to an Arcade/Jasper chip, keep the 120 GB hard drive, keep the games that came with it, keep the HDMI cable, gave me the price difference and used the standard warranty so I got a refund on the store bought one to buy another for the new 360. YMMV

_________________________
Xbox 360 & a PC currently undergoing mitosis
•AMD Athlon 64 X2 DC 6000, 3GHz •3GB PC2 5300 DDR2 •Sapphire Radeon HD 6950 2 GB
•Creative SB X-Fi Fatal1ty Pro / Logitech Z-5500 •Logitech G27, Nixim mod