Am 4. November 2010 wird Microsoft die nächste Version des Xbox 360 (ab 299,99€ bei kaufen) -Dashboards veröffentlichen. Das Update wird Zune- und Kinect-Funktionalität hinzufügen sowie einige weitere Features, darunter einen neuen Audio Codec, der die Sprachqualität beim Voice-Chat verbessern soll. Neben einer überarbeiteten virtuellen Tastatur und mehr Übersicht im Marktplatz/Browser sollen demnächst auch mehr Vorschläge bei bereits vergebenen Gamertags gegeben werden.

-Improved voice quality  - the audio codec is being updated to improve Xbox LIVE Party chat audio quality. So grab your friends and jump into a multiplayer game, catch a big sports event, watch a movie, or do all three.
-Improved experience for changing your Gamertag - choosing a new Gamertag? If the Gamertag you're looking for is already taken, your Avatar will spin a wheel and they will provide five other Gamertag suggestions at a time for you to choose from.
-Streamlined in-dashboard virtual keyboard - they've taken the existing QWERTY keyboard in-dash and made it easier to use for scenarios that involve repeated text entry, for example when signing up for LIVE within the dashboard.
-Improved Xbox LIVE Marketplace UI and browse experience - the Games Marketplace has been re-organized to provide streamlined access to the games and content you want, reducing the number of steps it takes to get to a download.
-Avatar changes - they've made your Avatars slightly more proportional so you can better play Kinect games.
-Easier to get on a wireless network - trying to connect to a wireless network? With the next update, you'll see a list of all the wireless networks within range when you go into network settings. From there, you'll be able to select a new network or further configure the network you're connected to.
-Ability to sign-out other controllers in the sign-in UI - they're adding the ability to sign-out profiles on other controllers in the sign-in UI within the Guide. This is especially useful when playing games like Rock Band.
-New browse experience for 100% completed games - you spent a lot of time and effort earning those Achievements, so instead of only being able to view your first dozen completed games, they're giving you a new and better way to browse all of them.