Remember the talk of an online DRM transfer tool for your 360? We'll it's finally up (yesterday I think) and it's about damn time. We can finally transfer all of our DRM licenses to our current console. What this means is no more having to sign into Live to play LIVE arcade titles or not being able to use downloaded content.
This can only be done once every 12 months. So hopefully MS won't release some uber-360 next month.
Start the process here:
Xbox.com | System Use - Transferring Content Licenses to a New Console
I'm working on mine as I type this. Let's hope this works properly.
Update: Good god. Now I have to re download EVERYTHING in my download history. Time to grab a few brews for the hr or more of going through that crap.