After treading deeply into some crazy Orwellian statusbox doublespeak, it looks like Xbox Live is finally up and running with no lingering issues or caveats. According to Major Nelson, the entire Live team has been working "day and night" to get things sorted, and while we appreciate their efforts over the holidays, we're still of the opinion that Live members should be getting a free week or month -- you gotta deliver when you run a paid service.
Update: Now it's down again! Status message gives the old line about intermittent issues and engineers working on fixes. Ugh, could the timing on these outages be any worse?