Next Wednesday, at 6:01 am Pacific Daylight Time, Xbox Live will go offline. Not for good, though. Microsoft is merely taking the system down for 24 hours as part of the system-wide upgrade code-named “Tsunami.” Once implemented, Tsunami will bring a bevy of new features to Xbox Live, including improved team dynamics, team customization features, new custom-competition options, and MSN messenger integration.
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Source | Gamespot.com