An Xbox 360 is capable of playing HD movies as long as you have an "Xbox 360 HD player."
The Xbox 360 itself can be viewed and played in the HD content. You will need some HD equipment which includes a HD TV (some will say HD ready - meaning 720p, others will say full HD - meaning 1080p). After getting a TV, use a HDMI cable to link your xbox to the TV. This will now show you HD. Any video game can be viewed at the full 1080p HD.
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Yes with a HD and the backward compatibility update
The Xbox 360 can play original Xbox games but the Xbox doesnt play Xbox 360 games.
You need a HD "High Definition" TV.
Not as good as you would have with an HD TV, but graphics will be slightly improved from the original XBOX. In my opinion.
Yes xbox elite's can play xbox 360 games