Hell yeah! Well, sort of. I will dump the old one.
The current 360 is no work of art and it makes a real weak AV device. It is loud, has a bad reliability problem, and the whole 11 gig drive and no way to write to an external 3rd party drive nonsense is just stupid.
If they make a new 360 that runs quieter, more reliable, has larger HDD, HDMI out, and (hopefully) an internal HD-DVD...
Look out because I am IN LIKE FLYNN!!!