The Devil360 team has claimed that they're ready to release a modchip for the Xbox360. What's interesting is that it doesn't rely on the DVD-Drive firmware hack that previous hackers have used to get their 360s to play backups. The team claims that they're still busy working on these features:
- Try to protect it from any type of update
- Make it programmable via PC
- Boot unsigned code
- Allow to swap HD with larger drive with a special interface between the 360 and the HD (all types IDE/SATA).
Bold claims, but we'll see if it works. Personally, we'd rather not mess with the chance that we'll get banned from Xbox Live, but $59 is a lot for some people—not that we condone piracy.