Comet wrote on Jan 24, 2012, 14:57: Here is the thing. MS points allowed me to charge my child account with a fixed number of MS points. My child could waste those MS points on whatever he wanted. Now if he wants to buy a freaking DLC or anything like that I will have to do it.
This makes no sense. After all consoles are also TOYS. Thanks Microsoft for getting us used to a system and then turning it upside down.
Anyway. If people would rather input their CC information over and over again or not use the MS points system they could add that option. I see no advantage on closing the MS points system.
I am pretty sure they will have a Wallet to load the account with a set amount of money. Steam does this and doesn't have to resort to a point system. The real reason they are getting away from points is because of the upcoming Windows 8 Tablets and the windows appstore. No one on serious computing devices is going to want to buy points to buy software.
Another question is why doesn't Microsoft implement game gifting through the live marketplace so you don't have kids dealing with money.
Bingo. You don't need to use points to have a wallet system. Points are just another (inferior) currency; wallets can be loaded with USD instead.