Hopefully, Microsoft Points are phased out in the near future...
Recently, The Verge reported that the latest Xbox dashboard update allowed users to use Microsoft Points, but defaulted to real world currency, an indication that Microsoft Points may be phased out from the platform. The beta is expected to be implemented sometime later this October.
It appears that Microsoft Points won't be available on Windows 8, but WILL remain on the 360. Microsoft released the following statement in regards to the issue: "Microsoft Points continue to be the currency for purchasing content for the Xbox 360 console." However, the statcompany was silent as to whether or not Microsoft Points would be phased out for the future.
Considering that Microsoft Points do little to benefit Xbox users, as they're confusing, unnecessary, and burdensome because they force users to buy them in increments of five dollars, phasing out the points currency system seems a favorable thing for the company to do.