Eeeek, so many questions! All the answers will probably end up being bits taken from the article.
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Also, do you know if I have a Live account now, will it work on 360, or do I have to get a new account?
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Ever since E3, Microsoft has been shouting in our ears that consumers with existing Live accounts can seamlessly transfer them onto Xbox360.
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What is the XBox Live marketplace all about though?
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Xbox Live Marketplace: Keep your favorite games fresh with instant access to new content. Xbox Live Marketplace is a one-stop shop to download new game trailers, demos, and episodic content, plus new game levels, maps, weapons, vehicles, skins, and more. Accessible to everyone who establishes a broadband connection with their Xbox 360, Xbox Live Marketplace lets you personalize and extend your experience, on demand.
(That answer is taken from
http://www.xbox.com/en-US/xbox360/factsheet.htm)
Oh, I thought you had a couple of other questions. My bad.
I'm not the greatest guy to ask about things concerning Xbox 360. I know absoulutely nothing about most of the accessories and what not.