Xbox 360 Elite Details Revealed

Microsoft announced the upcoming Xbox 360 Elite, which will include an 120 GB hard drive, an HDMI port, a high-definition cable and a sexy black paint job.

The 120 GB hard drive will also be sold separately to allow current 360 owners more space for their media and downloaded content. Additional accessories will also be made available - black wireless 360 controllers, Play and Charge kits, and rechargeable batteries will hit store shelves at the same time so you needn't suffer the embarrassment of not matching.

The Xbox 360 Elite and its accessories are expected to arrive in U.S. stores on April 29. The estimated retail price is $479.99; here's what you get for your hard-earned dollars:

The console has a shiny black finish and is capable of producing up to 1080p content, boasts a 16:9 cinematic aspect ratio, full surround sound, HDMI output and upscaling for DVD playback. The hard drive is 120 GB and detachable for sharing purposes; separately, it will cost $179.99. You get a black wireless controller, black headset, HDMI cable, an XBOX Live Silver Membership, and one month subscription of XBOX Live Gold.

The black Play and Charge kit will run you $20, and the black rechargable battery will cost $11.99.