Shoutbox

quote:

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The new version of Xbox Live will be much more robust allowing gamers to video chat with the 360’s optional camera, weed out annoying people from online play and feature an online marketplace that will allow you to download new game trailers and demos and purchase new content.

Xbox Live will come in two flavors. All 360’s will come with Xbox Live Silver for free, while Xbox Live Gold will require a subscription. (Your current Xbox Live subscription will transfer over seamlessly.)

Silver will let you play games online on weekends, but not during the week and will let you track and chat with friends online. You can also access a marketplace to purchase games and download demos through the Silver edition.

But if you want to play online all of the time and make use of Live’s new intelligent matchmaking you will need to subscribe to Gold.
Both versions will also support a more robust set of parental controls that will allow you to manage friends lists, file sharing and marketplace purchases.

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From: http://www.kotaku.com/gaming/xbox-2/the-xbox-360-103338.php

So does that mean I can transfer my xbox live subscription over and that would be like buying the Gold?