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This is awesome news.

This will cover me and my 3 sons.

http://www.gaming-age.com/news/2010/6/22-72

Below is the beginning of the post.

For whatever reason, Microsoft failed to announce this during the E3, but here it is, a new discounted Xbox LIVE Gold Family Pack. For $99.99, it's basically buy 2 get two free, but with some added family friendly restrictions and functionality. With Kinect around the corner, it's an interesting new way to branch out the Xbox Live Gold service.

More information and the official announcement below.

 

Xbox 360 makes family time, quality time. Only Xbox LIVE delivers a world of games, movies, social entertainment and starting this November, live sports, allowing you to share them with the people you care about, around the world.

This November, the new Xbox LIVE Gold Family Pack will offer up to four individual Xbox LIVE Gold memberships for only US$99.99 - the price of two regular Xbox LIVE Gold subscriptions. Now as you prepare for the launch of Kinect for Xbox 360, which makes YOU the controller, consider giving your family premium Gold experience and access to the biggest names in entertainment.



Its libraries that sell systems not a single game.