This morning, Major Nelson announced a pricing increase for the Xbox Live! Gold service. These increases affect all packages, including 1 month, 3 month, and 12 month packages both in the US as well as abroad.

The service has not seen a price increase since its inception in 2002, and with all of the additional content provided over the years, Microsoft decided it was time to change the price structure. The new pricing that goes into effect November 1st looks like this:

• 1 Month membership – $2 increase from $7.99 to $9.99
• 3 Month membership – $5 increase from $19.99 to $24.99
• 12 Month membership – $10 increase from $49.99 to $59.99

Overall, the price increases are not terrible, however it would be nice to see some better protection against game hackers and system abusers if we’re paying even more for the service. Better response and policing via user complaints would be a nice way to see this extra money spent.

That said, I cannot remember paying even close to $50 for a year’s worth of Gold membership as long as I have owned my Xbox. Truth be told, I have only spent around $39 for 12 or 13-month membership cards in the past, so I don’t see the new pricing scheme hurting me all that much. It really pays to shop around and look for specials – if you look hard enough, I think you will be able to find 12-month membership cards for around $49.99 or less once the new pricing scheme takes effect.

[Majornelson.com via Forbes.com]

[EDIT]

It seems that Microsoft is allowing people to “lock in” an additional year of Live! service for $39.99 if they renew now at Xbox.com. If I were really desperate to save money, I suppose I would just buy a handful of subscription codes for the same price at Amazon and then stash them away until I needed them.

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