This next month and 1/2 you will see quite a lot of sales. Buy a new console on some ridiculous sale that will start on Black Friday, anyone will do, they all do HD. If you get an arcade, you can buy an HD, I suggest larger than 20gb, on ebay. You will also, if you have friends or family, want to buy an extra controller, preferably with the qwerty board, I just bought one for $38 shipped. Do not if you can help it go wireless, because Netflix is the best deal around, HD 720p is really only feasible wired. Last but not an option but a requirement is Gold, every winter you should be able to pick it up for around $30 for a 12 month membership. Pick up some xtra xbox live points as well, they have fantastic arcade and really inexpensive good Indie games.