This Future 360 owners says yes, give it a swing-- and it probably won't be a miss.

I've played live, its great though if youre a total n00blet you'll get frustrated for a bit like in Gears, when somebody roadie runs right up to you then kills you in one shotgun blast.

Smack talk on Live can be fun, but gets annoying when a 8 year old screams NOOB through the headset for about 5 minutes. I hit the mute button after the third "n00b". De muted in 5 minutes, he kept going. Muted again.