http://g4tv.com/thefeed/blog/post/702384/Soon-Youll-Be-Able-To-Have-More-Than-100-Xbox-Live-Friends-.html
Finally.
Also, for those of you who don't know, the "friend list" is mainly used so you can easily find people who have the same types of games as you, and are on around the same time as you, etc(or you could, you know, use it to keep track of and play with actual friends). The problem with the cap, is that you have to remove people you don't want to remove all the time, because no one is on at the same times as you and playing the game you want to play all the time, so lots of times you will end up with only 12-20 people online at a time, and more than half of them won't want to play the same game as you.
Finally.
Also, for those of you who don't know, the "friend list" is mainly used so you can easily find people who have the same types of games as you, and are on around the same time as you, etc(or you could, you know, use it to keep track of and play with actual friends). The problem with the cap, is that you have to remove people you don't want to remove all the time, because no one is on at the same times as you and playing the game you want to play all the time, so lots of times you will end up with only 12-20 people online at a time, and more than half of them won't want to play the same game as you.