Definitely a miss price but just thought you might want to try and preoder it for £0.01
* Xbox 360 Elite console - The console is equipped with a premium black finish and three powerful core processors capable of producing the best in HD entertainment (up to 1080p), 16:9 cinematic aspect ratio, anti- aliasing for smooth textures, full surround sound, HDMI output and DVD playback with upscaling capabilities right out of the box.
* Xbox 360 120GB hard drive - The 120GB detachable hard drive allows gamers to save their games and store television shows, movies, music, pictures, trailers, levels, demos and other content available from Xbox LIVE Marketplace.
* Xbox 360 Wireless Controller (black) - This award-winning, high- performance wireless controller, now in black, features the Xbox Guide Button for quick, in-game access to friends and music. It has a range of up to 30 feet and a battery life of 30 hours on two AA batteries.
* Xbox 360 headset (black) - Now available in black, the headset lets gamers strategize or trade taunts while playing games and send voice messages to friends on Xbox LIVE.
* Xbox 360 HDMI cable - New to Xbox 360, HDMI allows consumers to get HD video (up to 1080p) and multichannel surround sound, all from one cable.