Welcome back to the console war, Sony. I am starting to regret buying a 20gb ( i did swap out the HDD for a 120), but it was all i could find at launch. I think they should drop it to 479, and an HDMI device, to compete directly with the Elite, and Sony should emphasize the large 360 failure rate. (MS did just announce a 3 year warranty, which will cost them 1.5 billion.) They said they hardware failure rate is unacceptable. I am on my 3rd 360 myself.