Xbox Live prices go up in November so renew now and save $20

In an e-mail to Xbox Live subscribers and an announcement on Xbox "SpokesPlayer" Major Nelson's blog, Microsoft announced that starting Nov. 1 the price for a year of Xbox Live service is going up to $60.

Microsoft defended the $10 increase on the service, required for online gaming or to watch Netflix on your Xbox 360. It pointed out the static cost of the service over the past several years and increased entertainment and content options being added i the fall, such as Hulu Plus and live sports on ESPN.