Go for the Elite: Since you don't care about the 120 hdd and care about the HDMI, You should choose the Elite if you care about getting 1080p for movies, so if you plan on buying HD-DVD movies and buying the external HD-DVD drive for the Xbox 360, then the elite is the way to go. Also, since the elite has an HDMI output, you can also upscale DVDs from the standard 480p so that it runs at 1080p(though it can't beat an HD-DVD source at 1080p, it'll just make the DVD look better)
Go for the Pro: If you are going to use your 360 more for gaming, you can run 1080p through components. I have a Sharp 1080p (Model LC-32GP1U) and it runs the 360 in 1080p through components
Conclusion: Get the Pro if games matter to you, Get the Elite if you want to use your 360 as both a game and a movie player.
I think I have decided on the 360. As stated I have a 1080p Sharp lcd. Should I wait for the elite or go with the pro. I know the elite has hdmi and larger hd. I don't care about the hd. I think my tv does do 1080 thru component. Any comments?

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