Still don't have a 360, so I was about to pre-order the new Modern Warfare 2 package, but wasn't too keen on the custom graphics on the 360 console itself, but it came with Modern Warfare 2, 2 controllers and a 250gb Hard Drive. But now, with the Elite at $250, I think that's the better deal.
Xbox.com | Events - Mail-in Rebate for Xbox 360 Elite Console
Xbox.com | Events - Mail-in Rebate for Xbox 360 Elite Console