Xbox 360: now with H.264, MPEG-4, PlaysForSure

Color us tickled, but we totally missed some of the finest points of all in Microsoft's Xbox 360 spring Dashboard update: they're totally tricking out the video (finally!). No longer will we be confined to our very least favorite video codec, WMV -- the new update will enable Windows Media Connect or Media Center streaming MPEG-4 up to 8Mbps, H.264 up to 15Mbps, and PlaysForSure WMV videos (and, as we understand it, PlaysForSure audio as well). Wow, finally we can actually use the 360 to play video that wasn't recorded off our Media Center or converted by our Zune software (cough, hack). See, was that so hard, Microsoft? Now just hold on to your asses until the week of May 7th, Xbox fans, that's all you've gotta do.