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I am liking it so far. I had it on all night in my room watching Netflix last night and it didn't even heat my room, whereas the old clunky model would turn my room into a sauna within minutes. I like the sexy black glossy look it is sporting as well. Not to mention I got 12 times the harddrive space and finally got HDMI support.The PS3 style touch buttons for turning the console on and ejecting is pretty sweet. Being smaller with a smaller brick adapter, it's much easier to carry around, which is a big plus for me since I'm always moving it around between my room and the family room.

If you're like me and have had an old model, like 2005-2007, with a small HDD and no HDMI support, it might be worth the upgrade, if you can find a way to sell your old model. However, if you have one of the newer versions, like post 2007, with an 80 gig HDD, it's not worth upgrading.