Confirming what it admitted was the “worst kept secret” in the video game business, Microsoft on Tuesday announced its Xbox 360 Elite, an upgraded version of its 16-month-old next-generation console family.

Essentially, the new console, at $479, is set to include a 120-gigabyte hard drive, as well as an HDMI (High Definition Multimedia Interface) port, an HDMI cable and a wireless remote, all in black. The Elite package will not, however, include an upgrade to the Xbox 360′s behemoth power supply.

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