Microsoft may of canned 1 VS 100 recording but for many people that they have abandoned live episodic games on Xbox Live at this time. Instead it appears to be they are passing on a second go and they are now beta testing a fresh game show, Full House Poker, which features a layout of Hold'em called Texas Heat.
Avatars is going to be used to represent players revealed and will have unique tell signs. There will also be new accessories for the avatar to sport also. (Maybe a Full Tilt hat?)
Players play for experience points and chips along with their overall progress and bankroll are going to be saved between sessions. Full House Poker will even feature a leaderboard so that you can compare your card shark skills for a buddies.
I think it could be a great incentive when you could win MS Points or XBLA games read more as prizes for going thus far in the tournament, that is just me wishful thinking...
No word on when exactly Full House Poker is originating out yet, but I would not be surprised to discover it out by next Summer.