rumors are true we’ll know for sure that the Elite will have HDMI, as we already know they will be equipped with a 120GB HDD. Let’s keep our fingers crossed and say a prayer to the gaming gods tonight.

Unconfirmed: Xbox 360 Elite to be Announced Tomorrow [GameDaily Biz]

UPDATE – It’s official. AP is reporting:

The new Xbox 360 Elite will sell for $479.99. Consumers who already own the $399.99 20-gigabyte model will be able to buy a snap-on 120-gigabyte hard drive for $179.99.

The new console and the drive are expected to hit U.S. shelves April 29.