The "x" does mean that the unit is capable of using the microSD cards for memory. The "H" indicates the newest etrex models with the more sensitive chipset. If you go out today, you will find models with no letters after their name, models with just "Cx," indicating the expandable memory, and models with "Hcx," that have both expandable memory and fantastic reception.
The kicker is that all three go for the same price retail. If you go buy one, make sure it is the "Hcx" model.