A number of people are experiencing an issue, more commonly known as "Error 801540B7," that's keeping them from getting their daily media fix by booting them from the Live network and locking its purchased-content doors.
From Engadget:
From Engadget:
Microsoft's aware of the symptoms and it knows you've got lots of online appointments to wax chumps and smoke fools, so it's told the folks at Joystiq that a solution is in the works.Microsoft acknowledges Xbox Live 'Error 801540B7,' promises to resolve it ASAP