NightSurge
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Get the arcade version, then go the route of the refurbished 20GB hard drive, or look into the new 60GB hard drive, plus headset, plus 3 months of Xbox Live for $100 (basically making it the same as the $300 model, but you get the extra 3 months of Xbox Live).
Oh, and an HDMI is not necessary. All Xbox 360's also come with HD-component cables (like RCA but have a red/blue/green for video). Most HDTV's have support for at least one component input. Either way, if you want HDMI to save on using less cables, purchase one from https://www.cablesforless.com/c-621-high-quality-hdmi-cables.aspx
Oh, and an HDMI is not necessary. All Xbox 360's also come with HD-component cables (like RCA but have a red/blue/green for video). Most HDTV's have support for at least one component input. Either way, if you want HDMI to save on using less cables, purchase one from https://www.cablesforless.com/c-621-high-quality-hdmi-cables.aspx