If you turn on your 360 today, you should get prompted that you need this update.

 

 

 

Some pretty cool features. Being able to have a bio, see friend's friends, and a general better layout for the dashboard.

 

 

 

On another note, is anyone else experiancing that the dashboard and friend lists are going VERY slow? Is it just me or am I getting close to the RRoD? (Main reason why I posted this.)

It might be server strain. If I understand this correctly (I don't have a 360; I've yet to update from Gen-2 consoles yet), everyone who has an internet connection on their 360 is required to download this update. You then have other features which require a fairly constant connection. This would be similar to Runescape on an update day: When the update first comes out, the servers may be slightly laggy because everyone is downloading updates.

 

 

 

So I don't think it would be a Red Ring of Death prediction, but rather you noticing an abnormal server strain as it affects your system. Give it a week or so until everyone has downloaded this update and you should be fine.

As said above, it's just a server strain as everyone who has an Xbox 360 (which I assume is quite a few million) is downloading the update. Not just Runescape, but on any game or mmorpg, when a new update comes out, it takes bandwidth on the server to deliver the new updates to players, making your casual connections a bit slow.