The features this new xbox offers make it unquestionably a better deal for your money, however it has taken Microsoft nearly 5 years to add features which should have really featured from the beginning. Having said that the built in wi-fi, the super quiet running of the system and new black design do make it a great product. I have gave this product 4 stars from an opinion point of view, the new design is not as sleek as the older shape, I do like it, but not as much as the white model which came before it; its more pointy and the finish of the product is cheap in my view. The lack of HDMI cable in the box is a bummer and the power cable is a hell of a lot shorter than my old xbox so you might want to dig out that old extension cable from the garage (... oh and if you think you're going to benefit from the xbox being quieter as you shoot away into the early hours of the morning think again, the touch buttons on the new xbox make a stupidly loud 'ping' noise when you operate them)
Overall if you already have the older shape xbox and are managing with your hardrive space and have no trouble with connecting to xbox live, the more box'ey pointy design and 'whisper' quiet running of the system don't really make it a worthwhile upgrade. Overall, a better all round deal for first time 360 buyers.