Update it to the latest dashboard and you can just use a USB stick to transfer game saves/profile etc

I think they charge for the lead now (or you could swap hard drives to the new unit, you have to re-download the arcade games though)
_________________TwitterCharlie Brooker:
Macs are glorified Fisher-Price activity centres for adults; computers for scaredy cats too nervous to learn how proper computers work; computers for people who earnestly believe in feng shui.