People saying "well, it's free!" are dumb. itunes is free and has yet to be hacked on this wide a scale. Steam is free and our cc's and personal info are safe.
Crock of shit, this is not xbl being down christmas 07 when CoD4 and Halo 3 came out that fall and everyone was playing them when I was trying to get through fucking Blue Dragon. That's server overload, and MS got that fixed after like a day or two even immediately reporting wtf was going on.
This is a wide scale hack with user's personal information compromised. Anyone trying to convince themselves that this will just go away are kidding themselves.