Ok first off I love love the xbox360. The memory has no bearing on your speed, that would be your internet connection. There are so many cool things you can do with the Xbox360. If you have Netflix account you can watch movies on there. If your friends have an account you can go into a room and watch netflix with them. I watch all the time with a friend who lives California, I am in Minnesota. If you have a head set you can chat with people. If you get the new Kinect bundle you can do video calling and work out with friends too. I highly recommend it to anyone and everyone.