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Silver accounts are free. They're basically useless. They let you download free extra content for games and stuff, most content of which you really wouldn't care to have anyway.
Gold is what you need to play online. Every Xbox comes with 3 months of free gold trial, though you have to subscribe different gamer tags. It's really ridiculous, seeing as Microsoft is the one that supports this online and they are one of the richest corporations in the world. It's not realy worth paying for the gold account in my opinion, after awhile you could use that money spent on the gold account to buy a PS3 or something else. The online is good on the 360 though, just not worth a subscription.
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