Xbox Live Accounts Will Carry Over to Xbox 360

[Bond]

"There are two tiers of Live service on Xbox 360. The silver tier is free and includes access to the Marketplace, with gamer profiles, voice and text messaging, video messages from gold members, and some massive multiplayer online games. The gold level is paid and includes all of the silver functionality along with online tournaments, video chat, multiplayer gaming, and Live special events."

And there you have it.