I read a cnet story just a few mins ago that the Elite would have the 65nm chipset instead of the current configuration, but other sites have not specified what size chips they are using in it.
I already have a 360 with 20GB HDD and honestly the picture via component is very good. Now if I was watching movies on my 360 then I would want the HDMI but for now until my 360 breaks or for whatever reason I have to buy a new one...I will stick with my white 360.
Now if 360 really does get IPTV on their marketplace I MAY buy a 360 Elite because it would act like a DVR with the large HDD. But MS might charge $20 a month for IPTV so we will have to see how that plays out.

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