What happens if you buy arcade titles and cancel your XboxLIVE subscription afterwards?

whatt

New member
Just wondering: what if someone buys Microsoft Points and buy arcade titles and other games on the Xbox Marketplace (which requires LIVE) and saves them on their hard drive, and then he/she is banned from LIVE forever or cancels their subscription. Will they still be able to play their games from their Game Library?
I'm guessing they can play offline and achievements will be disabled. Am I right?
 
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