Is this a good deal on a used 360 Elite?

lionheart4life

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Here's the link on craigslist: http://rochester.craigslist.org/ele/789899400.html

I have tentatively reached a deal on this bundle for $425. This is contingent on me selling my 20 GB 360 also to recoup some of the expense. How much are those going for these days by the way? I haven't really followed news of the price drops for systems since I have the ones I want and it doesn't matter anymore but I've heard something about a 360 drop soon or already. I would also sell the games that it comes with because I either already have them or don't want to play those, assuming an average of about $15 each or $75 total.

So do you think this is worth the trouble? I want a 360 with HDMI since I bought a tv with 3 ports and 2 component inputs and would prefer to use the component slots on other things and currently only have the ps3 in by hdmi. The larger hard drive wouldn't hurt either assuming I can transfer my Rock Band songs and saves over to the new on pretty easily.
 
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