Just to back up MrStickball:
The Elite is different in 3 ways from the "Pro":
1) HDMI Output (Pro has options for VGA & Composite)
2) 120 gig hard drive (Pro has 20 gig)
3) It's black (pro is white)
That's it. In all other ways it is identical. There were originally some rumors of cooler running chips, but that didn't make it in.
If you want the extra HD space, the Elite is a better deal ($479) than buying a pro then upgrading the HD ($400 + $179), however the Elite is the same price as picking up a core & later adding the large HD ($300 + $179).
The HDMI port is the real benefit to the elite, as there is no other way to get that. But if your HDTV supports 1080p through the VGA input, then your gonna get the same picture quality with a Pro+VGA cable.
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