The Xbox 360 Fall Dashboard Update is coming Tuesday 10-31-2006 at 2am PST (5am EST for those of you who are dumb). It was announced today by Microsoft. See the press release here. The full list of changes can be seen here, and I’ll highlight some of the better ones:

• Stream WMV video from a Windows PC running Windows Media Player 11, Zune software, or Windows Media Connect.
• Play video from storage devices such as USB flash drives, Xbox 360 Memory Units, etc.
• Play video from CD or DVD data discs.
• Lightning-fast enumeration and listing of all Xbox Live� Arcade games on the console.
• Optionally disable notifications from Xbox Live while watching DVD movies.
• Improved user experience when playing and deleting videos from the Games or Media areas.
• Improved voice chat quality in Xbox Dashboard and in-game chats.
• Improved look and feel in Xbox Live Marketplace and Xbox Live Arcade areas.
• Added support for CCV credit card validation field in Xbox Live Marketplace purchase areas.

Those are my favorite new features. Can’t wait to see how it pans out tomorrow… especially if the new update is going to ban people with modded firmware, as has been rumored the past couple days…