With all the news surrounding Sony’s PSN, let’s take a break and head to the Xbox camp. Microsoft is said to be prepping an update for their popular console, the Xbox 360.

Joystiq has a leaked internal document that confirms that the big Xbox 360 spring update will hit on May 19th. However, it’ll come in six “separate groups” to “ensure a high quality deployment,” so you might not get it until the end of the month, and everyone will have to wait until May 27th to get Avatar Kinect.

Besides that, there is also support for slightly larger disc format and support for PayPal, opening the door to a bold new world of personal finance information able to be hacked from your console. Episode Two: Revenge of the PSN?

SOURCE via Joystiq