The dashboard takes ages to load when you first boot up the xbox.
Halo 3 was s .. o .... s .. l .. o .. w .. yesterday.
As for Lloyd, why not just create a network bridge to connect your xbox to the internet?
Dashboard and the ingame guide are heaps faster.
LIVE was overloaded, but it's better now.. Unfortunately a good many parts of the dashboard and guide will just inexplicably freeze if there's a delay talking to the service (while other parts immediately tells you 'could not get info from live' or something
Brilliant update overall.. Sharing all my media with TVersity.. Nothing like watching the xvid/divx on HDTV