QUOTE(ilscuro @ Nov 17 2009, 09:35 PM)

You can still stream from your pc to a banned console, i tried a few different programs, but the one that worked for me was PS3 media server(yes it works with 360).
As for your other question, all i can say is i think you have to make the live connection to do all the things you want to do, and making that connection will get you banned if, as you say, you've already been flagged.
I could be wrong though

So just to be clear, if my console gets aware of it's banned, then I will only loose Live functionality?
What I do today is using the media extender functionlity to see streamed TV from internet, as well as view pictures and movies stored locally. So this should still work if the console is banned?
And simply removing the Live details, and disabling Live in family settings, should prevent the box to connect to live?