I see these Star Wars Xbox 360 models for sale for more money used than what they cost new. I see them around WalMart every so often. Right now there is one at WalMart and I think it would look really good with my collection of "sealed" consoles. Do you consider this a great collectible for the $400 price tag?

Definitely not worth it as an investment imo, can't ever see it being worth that much again after the next xbox console comes out. even if it were to be it would take a decade or longer.

Well it is worth it if you don't already have an xbox but as far as collectibility goes the Star Wars Xbox 360 is very common and so rarity is not a big issue right now you have to give it about IMO 15 to 20 years to allow it to mature much like any other game systems that came before it. For Example the Original Xbox which came out in Nov 2001 is dirt cheap even in CIB shape. The only notables are the Mountain Dew xbox Console and or the White Panzer Dragoon Japanese Xbox console and Dead Or Alive Katsumi Edition Japanese Xbox Console which all three benefit from very low print runs. Give it some time and it will become a collectors piece in the future just not right now.