It was announced this morning on the Major Nelson Blog that the next system update for the Xbox 360 will be officially released on Tuesday, December 6.
In this update, free to all Xbox 360 console owners, you'll see:
- New personal and social features including Cloud Storage for Game Saves and LIVE Profile
- Beacons and Facebook Sharing
- Enhanced Family Settings
- Integrated voice and gesture controls across the dashboard and in apps
- Bing voice search (Available this year in the US, UK and CA)
According to Larry "Major Nelson" Hryb, in addition to all these great dashboard features, starting on December 6th and continuing on an ongoing basis through the holiday months, a wealth of new content will be coming to Xbox 360. New, customized applications for television, movies, internet videos, sports and music will begin rolling out from world-leading providers in more than 20 countries.

In the meantime, you can get an early sneak peek of the Beacons feature right now on Xbox.com. Check out this article for a look at how Beacons work, and at other new features recently launched on Xbox.com.