The Elite isn't out yet. It will feature;
* A HDMI Port & Cable (You will be able to reach full 1080p HD, proving your TV supports it)
* All accessories are in black
* 120GB Hard Drive (You can also request a FREE transfer cable to migrate all the information from your 20GB Hard over to the 120GB
The Elite hasn't been announced when it's released in the UK yet, nor have they released the price for it yet.
If you want to know about Xbox Live go and have a look on Xbox site. Here it will tell you more in-depth about Xbox Gold & Silver accounts & it will tell you how to connect to Xbox Live.
Just a side note, Xbox live Gold over 12 months requires payment via a Credit Card only. They do not accept Debit Cards, or any other form of payment. There is a way around this though, you can buy a 12 month subscription card which costs less than using Credit Card. You have to pay VAT on top of £39.99, but buy a 12 month subscription card off someone like Play its only £34.99 with FREE delivery. With this card, you get 200 game points (I'll get to that below). If you don't think that you want 12 month subscription, you can also buy a 3 month Gold subscription card off Play for £12.99.
If you are wondering about game points I will explain it to you. Game Points is a system that game manufactures use to award you points when you play on game. This is known as Achievement points. These points are award to you when you complete certain tasks (Like completing a game, play a game for 'x' amount of hours etc) These points vary (some will only be 10G, some could be 200G) Its all down to the difficulty of a certain achievement.
When you get enough game points, you can go on Xbox Live marketplace & purchase content that you would normally pay for. For example there is 'Call of Duty 3' Map Pack on Xbox Live Marketplace for 800 Game Points. Just build up you gamer points then use those points to download content that isn't free. The problem with building up your gamer points is that, it will take you ages to get a decent amount of points, but if you can't be bothered to try the hard way, you can purchase 2100 gamer points from a retailer like Play for £16.99.
Go here for an overview of Gamer points & it also shows some of the content you can purchase on Xbox Live Marketplace that is available now.
