Xbox Live Video Marketplace goes live

Surprise, surprise, it's November 22nd (happy birthday Xbox 360!), and Microsoft has taken its new Xbox Live Video Marketplace live. The biggest mystery at this point was price, which turns out to be $2 for SD TV shows, $3 for HD, while movie rentals will run you $3 for SD and $6 for HD. This is all converted from the various, confusing MS Points involved in each purchase (80 Points = $1), which we're sure we'll all be well sick of after a couple months of using the Marketplace -- if not already. The current word on selection is 48 movies and 50 TV shows available for download, and we're sure that'll be growing -- though V for Vendetta is already available as a HD rental... what more could you want?

[Thanks, TexRob]

UPDATE: Joystiq has some more info and pics galore of the service. They clarified the pricing scheme as well: movies are divided into "New" and "Classic" releases, and priced at $6/$4 for the former, $4.50/$3 for the latter.