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thranx said:

Yea, I wonder how it works, would be cool if 4 buddies could splitit too. would make it 25 a year for live per person

Your Gamertag holds your Gold/Silver status and gamescore.  I would guess you could keep your "profile" on a flash drive and move that between consoles.  I *know* that works with a single Gamertag (I have two 360's I move my profile too), so don't see why it wouldn't work with the family plan.