I can't see MS leaving the current 360 owners completely out in the cold (this isn't apple, where they want you to buy the latest/greatest in order to maintain your hipster card). MS will probably allow for some sort of upgrade path with the HD, but if you are really pinging for HDMI, you'll have to go with a new box. Then they can just nickel and dime you to death with the service, and other small items.
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I can't see MS leaving the current 360 owners completely out in the cold (this isn't apple, where they want you to buy the latest/greatest in order to maintain your hipster card). MS will probably allow for some sort of upgrade path with the HD, but if you are really pinging for HDMI, you'll have to go with a new box. Then they can just nickel and dime you to death with the service, and other small items.