Want to know what is being released tonight for Xbox Live Arcade Wednesdays?  Well, an update that’s what.  A full-featured update to one of the most popular titles on the service, Texas Hold ‘em, will be released.

We’ve listened to our community and as a result, a host of features and improvements have been added to Texas Hold ‘em to speed up game-play, eliminate cheating and ensure proper competition. As a result, the online multi-player leaderboards will be reset to eliminate the inflated scores that currently appear. In a future update in early 2007, we’ll be adding Xbox Live Vision Camera support as well.

Below is a full list of the new features and changes in the Texas Hold ’em update:

-Game-play has been sped up
-Post the blind and play right away!
– Players can now, if they wish, start playing immediately when joining a table by posting the big blind, rather than having to wait for the blind to come to them.
-New ‘Away’ mode – Players can now set their status to ‘Away’. Hands will be auto-folded and blinds auto-posted until the player returns.
-New ‘Auto-boot’ mode – Players who continuously let the timer expire (more than three times in a game) will be booted from the table
-Faster overall pacing – Timers and messaging durations have been adjusted to speed up game-play among experienced players, but still allow novice players plenty of time to play.
-Improved blind structure – Initial blinds, as well as blind increases, are now more proportional to table stakes, ensuring more meaningful increases during game-play.
-Matchmaking improvements – Players are no longer matched into games they cannot afford
-Improved interface controls – Improvements to controls, such as increasing/decreasing stake amounts
-Leaderboard display – A player’s full winnings and rank are now properly displayed
-Art and text improvements – Game art and spelling issues have been addressed
-Online exploits addressed – Certain known exploits that enabled cheating have been addressed. As a result, the online multi-player leaderboards will be reset to eliminate inflated scores as a result of these exploits.

How much: Free
When: Wednesday, November 29, after 0800 GMT (1:00 a.m. PST).

So get ready for some Texas Hold ‘Em reloaded so to speak.