A lot of ppl say it's not worth the buy if you already own a working 360, but I disagree.  I traded my 360 in at gamestop toward the purchase of the newer model, and upon comparison, think it's a great purchase. When I would run my original 360, it sounded like the aftermath of an old man who happened to be an out of shape chain smoker running up a hill. Like it could die at any moment. But, with this new one it runs like a champ and now I'm not worried about an eventual hardware failure. But we'll see. Hopefully, the "red rings of death"  or whatever it is now on this new system actually is a thing of the past.

A lot of ppl say it's not worth the buy if you already own a working 360, but I disagree.  I traded my 360 in at gamestop toward the purchase of the newer model, and upon comparison, think it's a great purchase. When I would run my original 360, it sounded like the aftermath of an old man who happened to be an out of shape chain smoker running up a hill. Like it could die at any moment. But, with this new one it runs like a champ and now I'm not worried about an eventual hardware failure. But we'll see. Hopefully, the "red rings of death"  or whatever it is now on this new system actually is a thing of the past.

It uses less power, makes less noise and doesn't run as hot. It has built in wi-fi and a 250GB harddrive.
 
It's worth it.

I've noticed the "whisper-quiet" aspect of it isn't so true unless you install the game on your hard drive. Luckily, there's plenty of space to do just that.

" I've noticed the "whisper-quiet" aspect of it isn't so true unless you install the game on your hard drive. Luckily, there's plenty of space to do just that. "

I traded mine in to GameStop but only because my 360 has been broken for about 3 months.  It starts up and works for about 10-15 minutes before it crashes hard; just long enough for them to check, and pass, the system's integrity.  I like the new model much better :)

What happens to all your gamesaves etc on your old Xbox? 
 
I was looking up those transfer cables, and many stated that they didn't work with this new Xbox...

"What happens to all your gamesaves etc on your old Xbox?  I was looking up those transfer cables, and many stated that they didn't work with this new Xbox... "

I really like the new look of the Slim, but I don't use Wi-Fi and I get by with my 60gb just fine. It was tough to pass up the Gamestop offer but I figure I'll wait for the much rumored $299 Slim / Kinect bundle if I get anything. Not that I really want Kinect that much... I just want my  new hardware to be, well, new hardware...

I enjoy my new 360 also. It was worth it and it now matches my sexy glossy obese ps3. Now to switch out the wii with a black one......

So in short: New 360 is quieter and seemingly more reliable? This has been covered, but I still think getting one when you already have a 360 is not the best plan. If it plays games, it should last a bit longer. I'd say wait til that one bites the dust, and then go for the slim model. To each their own though, I suppose.