The patch to set up parental controls on the 360 Dashboard has gone live in all countries but the US, which is set to receive the update on December 15. This update allows parents to allow or deny the use of certain applications on the 360, meaning that the minors on LIVE will be able to access Facebook, Twitter, Last.FM, etc. if their parents allow it. Granted, most children don’t have parents incorporating any censorship over their game titles and activities online. I’m sure that a large population of this community of young gamers more than likely have these options available to them.

More as the update drops on Tuesday.