"We are told that the browser will let Xbox users surf all parts of the web straight from their living rooms." Does that include YouTube for example? As far as I remember you have to be a XBox Live Gold Member to use the YouTube application...
I'm not trying to be rude, but do people actually buy an Xbox and not have a Gold membership? It equates to something like $5 per month for access to demos, weekly arcade games, an indie game market, promo videos, media streaming, a stable staging environment for multiplayer gaming across games, etc. Not to burst your bubble, but you'll probably need a Gold membership to use the IE browser anyways. Hopefully they launch Skype soon. That's my only real complaint.
For me the key point is why do I have to pay for something that is free? I mean, I can watch youtube without restrictions on my Windows PC but I have to pay extra to do the same on the 360. And I don't have a gold account because I'm not into online gaming, but I'd like to watch youtube in my living room tv.
"An idealist is one who, on noticing that a rose smells better than a cabbage, concludes that it will also make better soup." - H.L. Mencken