Originally Posted by Solid Snake
Can you play on Xbox live this way? That's my number one thing to do with fighting games and sports games.
You can play x-box live on a modded 360 but beware of getting banned, you're going to have to check for updates to the firmware every day, if you don't and you log into live with out-of-date firmware installed, they will label your 360 for the next banwave.
If you get one of the nice 360s make sure you pay somebody to mod it for you and then check for the firmware update every day. Another thing you can do is just get a cheapo one, mod it up and then you don't have to worry as much about it getting banned. If it does get banned you can sell it on E-Bay with 50 games, tell people it's banned and sell it for a profit.
I've only ever modded one 360 and it was for my buddy, he didn't update the firmware and got it banned but did like I said and sold it on ebay for a $50 profit.