Sign-ups open for Microsoft Point killing Xbox Live beta

Want to get in early on the Xbox Live update that casts off the economic shackles of the Microsoft Point? Microsoft is inviting gamers to sign up for the 2013 Xbox Live Update Xbox 360 Public Beta, Larry "Major Nelson" Hryb announced on his blog.

Other than dropping the Microsoft Point--which will be fully retired later this year--in favor of local currency, the update also includes overall performance improvements. You can sign up for the beta directly from Xbox 360 dashboard via the Xbox Beta Program tile on the home hub. Slots are limited, so hurry up.

Xbox 360 owners worldwide are invited to join, except for those in Japan. Japan comes later.