Microsoft will be closing its Games for Windows Live Marketplace later this month. An Xbox 360 system update will roll out before the end of August, converting MS Points to actual cash value in your digital wallet. At this time, the Big M will be retiring its PC-based gaming store.
The company released a statement explaining why this is happening:
As part of the recent Xbox 360 system update, Microsoft Points will be retired and the Xbox.com PC Marketplace will be closed as of August 22, 2013. We encourage you to spend your Microsoft Points balance prior to this change. Although you will not be able to purchase new games, you can continue to enjoy previously purchased content by downloading it through the Games for Windows Live client software as usual.
Are any of you actually saddened by this news? More importantly, did you even make use of the Games for Windows Live Marketplace to begin with? Let us know in the comments below.