Microsoft Points system is no more
If you've been following all of the Xbox One news, you probably knew this was coming. A new Xbox Live update today officially did away with the Microsoft Points system. Now everything on the Marketplace is priced in your local currency. Also, any points you had before today have been converted to currency that can be used towards Marketplace purchases.
Here's the official FAQ on the transition.
"Last night, Darth Vader came down from Planet Vulcan and told me that if I didn't take Lorraine out, that he'd melt my brain."