Minecraft: Xbox 360 developer 4J Studios has announced that update 8 should be arriving shortly and it contains plenty of fixes.
@denneylewis Yes, almost done. We will hopefully be announcing the fix list next week – looking like around 40 fixes at the moment.
— 4J Studios (@4JStudios) January 18, 2013
Many players have been dealing with several annoying bugs since the last update, but hopefully update 8 should fix most of these issues.
4J also teased some future content, “Skin Pack 4 is in progress, but a pack of community requested skins sounds like a good idea after that.”