Buy.com offers the refurbished Microsoft Xbox 360 120GB Elite Game Console, model no. B4J-00122, for $159.99 with free shipping. That's the lowest total price we've seen for a refurb 120GB Xbox 360 by $20. (It's also $40 under the best deal we could find for a new one.) This version includes an Xbox 360 console with HDMI output, 120GB hard drive, and wireless controller.

Note that a 90-day warranty applies; however, it's unclear who supplies it.