The Xbox 360 Hacker has been interviewed heres the info - Source
Xlife.nl
Key Points from the Xlife.nl Dutch interview with The Specialist
* The Specialist is 30 years old and is of Dutch origin, his occupation was not revealed in the interview.
* TS and his team began looking at the original Xbox firmware last year, and had a hunch their were similar patterns with the Xbox 360 firmware, there previous work on the original Xbox resulted in knowledge spill-overs with regards to Hacking the Xbox 360 firmware.
* They decided to really get stuck into hacking the Xbox 360, after Microsoft reps made statements about how hack-proof the Xbox 360 would be.
* TS and the rest of the contributors motivation was a personal challenge to find the exploits on the Xbox 360 and expore if it really was hack-proof.
* The firmware hack is way beyond the average user as specialist (cool pun eh ?) is required as well as correlating hardware.
* Microsoft can easily halt the firmware hack via as a back-up is much different to original, each and every one is different. To create emulation to allow universal Xbox 360 backups to be run without being detected is out of their scope.
* If other people can manage to replicate the Xbox 360 firmware hack, a cat and mouse game will develop between the hackers and Microsoft live updates. I guess in simiar fashion as to what is going on between Sony firmware updates and homebrew software blocking.
* TS went dived straight into the Xbox 360 firmware when looking for an exploit, he was very knowledgable in this area after the origial Xbox and was confident of finding a weak link in there.
* TS reassures everyone the video is not fake, for example look at the outer side of the disc that shows that the security placeholder data is read and if this as a fake in the video he only could fake it with a lot of work and very expensive equipment.
* He has no plans to go hacking any other parts of the Xbox 360, so Microsoft can breathe a sigh of relief over that one

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* Towards the end of the interview he adds, any game worth playing is a game worth buying. He doesn't want to take the moral high ground, the previous saying was from an old Amiga release group.
* He loves how his country is represented in the Xbox hacker scene, and hopes to see more natives around the scene.
Choppy Translation of the Interview from Xlife.nl
1. Xlife: Proposal you even to the visitors of Xlife.Netherlands (who are you, what does you for work, age etc.).
TheSpecialist:
The age question is frequently most indiscreet, but in this case some which I want answer, complete, I am 30 years.
2. Xlife: With hoevelen you have worked for the hack?
TheSpecialist:
In the team 6 hackers sat. However I do not find that you can state that it only these 6 persons have that this for each other had been got: without all contributions of others on XBH it had never succeeded or had it in any case much had been longer lasted.
3. Xlife: How long have you been effectively busy with the hack on X360?
TheSpecialist:
To say with difficulty how many hours will sit there in its eventually. We its end previous year started with the analysis of the Xbox 1 DVD beveiliging, since still nothing was here nearly confessed concerning. The expectation was, as it happens, that the beveiliging in the Xbox 360 be based on this and a good term of this beveiliging would give probably valuable insights in the beveiliging in the Xbox 360 (what proved be indeed this way). The reason that we with the Xbox 1 have started firstly, were mainly because the kernel were of this simply at rippen and we could retrieve thereby when the Xbox 1 kernel go ' agreed ' with DVD.
4. Xlife: Have you already had contact with Microsoft concerning the hack?
TheSpecialist:
No
5. Xlife: Why decided don't these hack have you make public?
TheSpecialist:
The Xbox 360 were announced Microsoft as if it the best protect console would be in the world and that the hackers scene be surprised by the unprecedented high level of beveiliging. This type statement does the heart of most of the hackers be correct of course more rapidly It seemed me personally an enormous select challenge or the beveiliging REAL this way well was. I think that this motivation applies to nearly all hackers on XBH. Zoeken to beveiligings breaches was therefore the aim an sich. Spreading hack has my inziens do NOTHING with hacken and also never our aim has been.
6. Xlife: Aren't you frightened that you have brought now people on ideën and that tries these now still your imitate hack and public make?
TheSpecialist:
I think first that the hack in current form little will be interesting for the average user, since you have specific hardware and knowledge necessary for the drive at flashen. Furthermore the current hack are easily at patchen by Microsoft, since the backup on several points differs from original and here on gechecked can become. ' impermeable ' emulator, which a backup in ALL possible manners presents exactly the same to the Xbox 360 falls outside our scope and this would will cost also rather much
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