The Microsoft xbox 360 elite is the most expensive variation of the console. It includes a 120 GB hard drive and a matte black finish. The Elite retail package also includes an HDMI 1.2 cable and a controller and headset that match the system's black finish.

The initial release price was US$479.99, C$549.99, ?299.99, and AU$729.95. Early Elite models shipped using the Zephyr motherboard, though newer models now use the Falcon 65nm chipset instead. These elites (and other Xbox 360 models using the Falcon) can be identified from earlier versions by a re-designed power connector and a power supply that runs at 175w. (Wikipedia.org)

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