Microsoft Xbox 360 Pro (60GB, HDMI)

Pros: - Great game library, plus online store integration.
- Great Online. You have to buy it, but for less than $5 a month it's worth it.
- Compatible with Zune and works as a Windows Media Center Extender.

Cons: - Reliability perhaps may be questionable but no problems yet.
- No built in Wi-Fi and wired ethernet is only 100 Mbps. The extra dongle for wifi is only 802.11 A/B/G and is $100, but you can hook it up to your computer and use its Internet access.

Summary: Solid addicting product with great games and functionality. Worth every cent.

Oh, and you may want to purchase either a "Play and Charge" kit for a rechargeable controller battery or get a wired controller because you'll be on it so much that you'll suck the juice out of a thousand AA Batteries.