SEGA just released a free, major update for the Xbox 360 version of Virtua Fighter 5. Here are the details:
"VIRTUA FIGHTER 5 (XBOX 360) UPDATE NOW AVAILABLE
Subtle Changes Improves the Perfect Fighting Game
LONDON (16th January, 2008) – SEGA Europe Ltd. today announced it has released a new downloadable patch for Virtua Fighter™ 5, the critically acclaimed arcade fighting game now available for the Xbox 360™ video game and entertainment system from Microsoft. The patch will include a number of gameplay additions and enhancements including:
*Some characters will now be able to select costume-specific pants in alternate costumes, for example equipping Costume A pants in Costume B.
*Replays of online battles can now be saved.
*One additional item per character (appear as "Downloaded item" in Costume settings/Item edit dialog).
*Gamer pictures will now be shown in online battles.
*After winning the World Tournament Final, it's now more likely that rivals you have not defeated will be playing in arcades.
*When someone joins an online match, you can now see their connection quality.
*Various fixes for minor bugs, including a texture bug.
*Easier sorting of rankings.
*Rematches in Online VS. Player Matches now possible even when the players haven't added their opponent to their friend list "
Kudos to SEGA for adding even more improvements to the Xbox 360 version, which now not only benefits from online play, but the addition of the ability to record replays of your online matches!
Source: http://virtuafighter.com/forums/ubbthreads.php/ubb/showflat/Number/189999