Well, it looks like I will be one of the lucky ones to preview the new update for Xbox Live. There is no exact time frame except that when it comes out they will let us know. And then, I will let you all know.
Here is a list of some features.
I think I am most stoked about the Netflix experience. I use it quite often and would love for it to improve even more. I prefer it to the TiVo, because it streams a lot better.