Microsoft today demonstrated that the Xbox 360 still has plenty of life left in it as they released a new system update to the console. Announced on Major Nelson's blog
, the update includes a number of frequently requested enhancements that expand the functionality of the system. The detailed list is below:Larger external USB hard drives – Plug in any external USB hard drive up to 2 TB to store your Xbox 360 downloads, profile, saved games, and other data.
Purchase history – To view your recent purchases, go to Settings > Account >Purchase History.
Password reset - You can now reset your password by selecting Forgot your password? at sign-in.
Network statistics - View download speed, upload speed, and signal strength, go to Settings> System > Network Settings. Select your network, and then choose Network Statistics.
See your money - Your Microsoft account balance now appears in the top-right corner of the Xbox Dashboard. To turn it off, go to Settings > Profile > Account Security.
The update began rolling out to consoles today, but as always may not be available immediately.
Microsoft is also encouraging players to recommend future changes they'd like to see, for both the Xbox One and 360. You can find more information at the Xbox Feedback