Seriously every time I try and use it I have to wait like 2-5 minutes for it to load up and connect to xbox live. Before the last big update it took about 5 seconds! Has this update ruined my 360 or something? :(
Go to the memory blade press Y for your HDD options, when it says Format or the other option I forget, PRESS X,X,LB,RB,X,X and it will delete the latest update. You have a corrupt update thats all. The next time you get on LIVE you have to install the update again, then it should work fine.
I think it's only slow the first time you load the dashboard after the update. I noticed it too. There are probably some system files that are being loaded for the first time. But, after a couple of plays, my 360 dashboard is back up to normal speed. I didn't notice any effects on the games themselves.
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