Microsoft has officially announced the upcoming availability of a new, high-end version of its Xbox 360 console. As predicted, the Xbox 360 Elite will have a 120GB hard drive, HDMI audio/video output, and a "premium black finish" on the unit itself, the wireless controller, and the Xbox Live headset. The console will hit stores on April 29, and it will have a recommended retail price of $479.99. For those who already own an Xbox 360, Microsoft says it will sell the Elite model's detachable 120GB hard drive as a separate accessory for $179.99-essentially the difference between the Premium and Elite Xbox 360 models.