I think the security is probably quite easy... everything that the RIAA or MPAA have tried with stopping people from copying stuff has been circumvented....
Umm if it was really easy it would be done already.
As soon as I get my other 360 to experiment on, I will crack it open and start looking at it closer.
Why wait? take a chance thats the only way things get hacked.
Hate to say it, but I dont think it will work. Ya you can make the DVD drive send code that its a retail disc, but all the other security in the 360 would probably shut down anything after that... Remember all that stuff about the Hypervisor... It just seems to simple to be practical (well, not really, I dont know how to change the firmware, but just the theory in general).
I'm not talking about changing the firmware other ppl are trying that already. I'm just talking about changing the logic sent by the dvd drive with a IC. I doubt it will work but I'm trying anyways. I personally feel there is no way they can have hypervision check for the IC's but I'm not 100 % sure of that. I'm a novice at this and I'm just doing this to learn.