Such a great console. Had a premium for about 3 months and then upgraded to the Elite and haven't looked back. 6 times the original HDD space (was 20gb previously) and most importantly black to match the TV and DVD player.
The graphics are awesome in full 1080P through HDMI and with it hooked up to my surround sound system the noises in each game are taken care of brilliantly.
I had a Motherboard failure the xmas week and got a repaired console back within 8 days, even with it going to Germany and back, can't fault that kind of service.
The new Xbox Live Experience really makes the console easier to manage - it's easier to check what achievements your missing, easier and quicker to navigate the marketplace etc.
You won't be disappointed with this.