Elite 360 'officially' announced!

True to thier word Microsoft announced the Elite 360 today selling April 29th for $479.99. The 120GB hd will release seperately for $179.99 (including a transfer cable to move stuff from your 20GB --> 120GB drive). Kotaku has full scoop which includes the following tidbits...

The Xbox 360 Elite will come with a 120GB hard drive, an HDMI port, a HDMI cable, both component and composite cables, an audio adapter for use with HDMI and a black finish for the console, wireless controller and Xbox Live headset.

They also announced 6 new 'media' partners that would be supplying marketplace video content including A&E, Warner Bros., NewLine Cinema, and more. It's going to be a tough sell Elite 360 $479.99 + Wireless Network $99.99 + HD DVD add on $199.99 = $779.99 vs. a 60GB PS3 for $599.99? Double the storage for $180?