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XNA Game Studio Express: Subscription required

Reader James has not-so-stupid question about this part of the Fall Dashboard Update:

  • Support for upcoming release of XNA Game Studio Express (separate download and subscription required.)

This means that a subscription (should be well under $1000 for the professional edition) will be required to run code on the 360 using the XNA Game Studio Express development tools. As far as I know, there will be no separate subscription for playing "homebrew" games that ultimately make it to XBLA (aside from whatever the devs decide to sell them for), although it does sound like a nefarious idea.