Xbox Live Gold refunds will be available for canceled subscriptions in June

[WindowsCentral.com]

In a particularly classy move, Microsoft has announced that anybody that intends to cancel their Xbox Live Gold subscription because they're getting entertainment services for free starting in June will get a prorated refund on any previously purchased Gold time. That means if you bought and activated a year's worth in December, you'll get 6 months-worth of cash back (June through to next December). Refunds will take six to eight weeks to process after the request has been made following the June system update and before the end of August.

Full story from the WPCentral blog...