The update that we have all been waiting for is now live. The March update that brings features such as Party chat by default, the ability to chat with friends playing different games,a Recent players list, and Twitch stream ability, to name a few is now rolling out. Microsoft posted a detailed list of improvements at Xbox Wire which we have listed below: " Prepare for Titanfall: Marc Whitten Provides Details on Xbox One March Update As a gamer, I couldnâ€™t be more excited for the upcoming launch of â€œTitanfall.â€ Iâ€™ve played the game and itâ€™s awesome â€“ I canâ€™t wait to see you online! This launch is particularly special because our team has been working to make Xbox Live on Xbox One the best place to play. We have received lots of feedback since the launch of Xbox One in November and listening closely to you. Iâ€™m excited to share that our second, and most significant, system update for Xbox One is starting to roll out today and includes improved matchmaking, party chat and friends features that will make gaming on Xbox One an experience like no other. To me that means playing games like â€œTitanfallâ€ on the best multiplayer service on the planet, using a new headset or the one you already own, while live broadcasting your games on Twitch. Hereâ€™s a breakdown of more of the features in the March update, addressing some of the biggest feedback youâ€™ve shared: â€¢ Get to your friends list faster. The friends list is now front and center on the homepage of the Friends app. Click the Social tile on Home, or say â€œXbox, go to Friendsâ€ to see whoâ€™s online and what theyâ€™re up to. From there you can quickly send messages and get into a party. â€¢ Party chat on by default. When you party up, chat audio is turned on by default. â€¢ Chat with friends playing different games. Party chat is now separated from people playing your game, so you can chat with your friends who are online or you can chat with everyone playing the game. â€¢ â€œInvite friends to gameâ€ option available in your multiplayer titles. Similar to Xbox 360 titles, when youâ€™re inside a game's menu you have a simpler and quicker way to set up your multiplayer battles. Selecting â€œInvite friendsâ€ lets you invite friends to your game and party. â€¢ See a list of â€œRecent Players.â€ This is a simple list that shows you Xbox Live members youâ€™ve recently played with, making it easier to stay in touch with people, add new friends after your multiplayer sessions, or report a player for bad behavior. â€¢ Twitch live streaming support. The best broadcasting and spectating experience on any game console is on its way to Xbox One with the new Twitch app launching on March 11, just say â€œXbox broadcastâ€ to start sharing. Xbox One is the only next-gen console that allows you to archive your Twitch broadcasts and view live Twitch streams regardless of their original source. â€¢ Dolby Digital sound. Optical out now supports 5.1 Dolby Digital, enabling devices such as sound bars and headsets with only optical in to be able to receive 5.1 Dolby Digital from Xbox One over optical. Weâ€™re also adding support for Dolby Digital surround sound over HDMI. Now youâ€™ll be able to have the best sound quality no matter what speaker setup you are using. â€¢ We will now support 50Hz output to Xbox One. You can set the live TV app to display at 50Hz for full or fill modes, fixing the frame rate issues some users in Europe have been experiencing while watching live TV on Xbox One. There are some other really great updates coming in March that may be less obvious, but still important to you. Here are some of my other favorites: â€¢ Volume up/down adjustments. Weâ€™re making it easier to adjust the volume on your Xbox One. Now, you can tailor the number of volume increments when using â€œXbox volume upâ€ or â€œXbox volume downâ€ voice commands. â€¢ New ways to stay connected with SmartGlass. Weâ€™re introducing new ways for you to stay connected with your friends through Xbox One SmartGlass. Receive notifications of Xbox Live messages, check out what your friends are doing, and see their latest highlight clips. You can even unsnap apps with the tap of a finger â€“ all from your personal device. â€¢ Support for new Xbox One accessories. Xbox One now supports the recently announced Xbox One Stereo Headset and Adapter, the Xbox One Media Remote with a dedicated OneGuide button, as well as third party headsets. â€¢ Browser improvements. When youâ€™re searching for content, thereâ€™s now a direct link to IE to see related results on the web. New gesture and controller features let you directly zoom and pan Bing and Google maps. And search is even faster in IE â€“ just highlight a phrase on a web page and press the menu button to search Bing and learn more. â€¢ IR blasting of power and volume to TVs/AVRs is now available in all regions. â€¢ Easy sound bar setup. Your audio sound bar set up just got a lot easier. You no longer need to type in the model number for most sound bars or AVRs when setting up TV on Xbox One. â€¢ General improvements. Last, but not least, a few miscellaneous updates like the ability to view Game Clips while in Snap mode and a new passkey feature to protect user settings. This is such an exciting time to be on Xbox One. This update starts rolling out today and marks a big milestone on our journey to bring you the best games and entertainment experiences on Xbox One. Now weâ€™re counting down the days along with you until â€œTitanfallâ€ and Twitch launch next week on March 11. We value all of the feedback weâ€™re getting from you. Keep it coming! We are listening. We know external hard drive storage is another big one on your list. Itâ€™s on our list too. Weâ€™re working on that for a future update and will keep you posted. Weâ€™re also working on friends notification improvements and experimenting with how to make that better. Just as we do with Xbox 360, weâ€™ll be continuing regular updates to Xbox One â€“ some will be big, like this March update, and some will be smaller. Big or small, weâ€™re committed to delivering continuous innovation through system updates like this one. Thanks for your feedback." As you can see there are fantastic improvements being made to the Xbox One, is everything you were hoping for in this update? If not what would you like to see, let us know in the comments below. Check out the video tour of the March update with Major Nelson here.