What’s this Xbox Live profile Error 801540B7?

It seems Xbox Live users are getting locked out of their accounts and all purchased data, reporting a “Error 801540B7”. Joystick has contacted Microsoft for more information on the matter, they have responded:

“We have recently identified an Xbox Live profile data error that results in Error Code ‘801540B7’ for a small number of Xbox Live members. The error instructs users to attempt to re-download their Xbox Live profile and directs them to customer service support for further assistance,” a Microsoft spokesperson told Joystiq. “We apologize for the inconvenience this has caused to our loyal Xbox Live members and are working to resolve the issue as soon as possible.”

Get all the details to this error and any updates via joystick.com

Source – joystick