I've been thinking about getting an XBOX 360, mostly for games on XBLA or some exlusive titles, since they're relatively cheap now to get used.
But I'm a student and live in a small apartment that has no TV, and no place to put a new TV (money to buy one wouldn't be a problem), so I've been thinking to use the console with my PC monitor and my speakers.
My monitor only has HDMI and VGA input (no direct DVI), so I'm guessing I somehow need to split the audio and video signals coming from the XBox (or does the XBox have a direct 720p VGA output + external connectors for my speakers?).
What do I need to make this happen?