Thats a very good deal, better than what I got. You're getting one extra game over me for the same price

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Not sure if they allow trade-ins though, because IIRC you're going to trade in some stuff? Reason I'm asking is you get something like 40% more when trading towards a new console at Gamestop. Maybe you can just throw what you where going to trade in, on Craigslist, and play the waiting game
It comes in handy when you want to save some hilarious video's that multiplayer games churn out constantly.
I dont have anything other than my TV, but I think you can get most of that done. Right now my TV turns on whenever and however I turn on my xbox.