True. I bought my elite for $449 not $549. i got the adapter for 25, the charge kit and extra contoller for free(don’t ask). Microsoft points aren’t really needed but they are nice for the extra content, and for the classic games you can download like pacman, and the old street fighters. Xboxlive 12 month subcription was $60 thats $5 bucks amonth so it’s not a big deal, but like oneeight said it all depends on what you like. I have had xbox since the first gen console so it was an easy swich to 360. With the lights of death it all depends i had my first 360 for about 2 years before I got the red rings of death, and microsoft replaced it free and it the whole process took one week to get my new console.