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Once upon a time, the Xbox 360 dashboard looked like the picture above -- then, Microsoft blasted it with yearly updates to transform it into the warm, welcoming interface we've come to know and love. If you're already aware of that fact, then you may also know that a select group of lucky US gamers typically get to test out the latest revision months ahead of peers, and today Microsoft's holding sign-ups for a new version that will include "an updated Xbox 360 disc format," whatever that might mean. You'll also get a free copy of Halo: Reach if your name is picked -- which, according to Major Nelson, is much more likely if you're paying for an Xbox LIVE Gold account -- so you'll probably want to dive through ancient email post-haste to find your Windows LIVE ID, head over to our more coverage link and give it a go. Let us know what those new discs are all about if you get in, eh?

We’re still here supporting Halo: Reach until Microsoft takes the reins. As phases of the transition (which is already underway) unfold we’ll continue to work with Microsoft and 343 Industries to ensure the handoff requires as little brainpower from you as possible, and as we nail down significant dates we’ll hammer home your expectations in kind. Rest assured all sides are working diligently to make sure the transition experience is as awesome as possible.

Turns out, there was a promotion going on. Visit a site, get a free code for 160 MSP, and be on your way. That wasn't enough for some people, though. With a few changes to the URL, a user could refresh the site to no end and be awarded with a new code each time.

Microsoft quickly caught on - but not before they lost a projected 1.2 million dollars worth of MSP.

This process was never ending, just refresh, rinse, and repeat. There were so many people doing this at one point that the website 404ed. In a matter of 20 minutes someone I know has obtained over $150 worth of Microsoft Points.

As of right now, it seems the website is no longer working. Microsoft has finally caught on; and has currently shut down all redemption codes, so you cannot redeem ANYTHING. As of now this is all I know, my culmination of research and sources leads me to believe my word is the first on the subject.

Within hours, a code generator (running off of said website) was made and released to a handful of forums, allowing people to stock up. Some redeemed the codes instantly, garnering as much as 660,000 MSP. Others hoarded codes and went straight to places like eBay, amazon, and CAG. Another user stockpiled 10,000 codes, tossed them in a .zip file, and released them to the public (don't bother searching for it to download, all of the codes have been used).