Cheapskates, mark your calendars; 'Xtival 07' marks a weekend of free Xbox Live Gold access for Xbox 360 owners with a broadband connection, and it's all happening in a few weeks time.
According to various fan sites under Microsoft's community wing, the online event will take place on the weekend starting November 23, when all Xbox 360 owners with a broadband connection will be able to access Gold account luxuries such as online play.
A "full line-up" of Xbox Live events, competitions and exclusive downloads are promised for the weekend and it's only open to European countries - so you've only got swearing, 13-year-old Frenchmen to worry about.
Microsoft wasn't available to confirm the event at time of writing.
So... fantastic news, or more excuse to moan about Xbox Live's comparatively harsh pricing structure next to the free PlayStation Network? Go ballistic in the comments below. Please.