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I had all 3 consoles modded last generation, and currently have my Wii modded. My 360 is the only console I haven't modded, primarily due to the fact that I'm waiting for something more to come from any mods than just a means to piracy.

There are 2 main drawcards for me with modding, removing regioning and just being able to tinker with the system (homebrew, firmware hacks, etc...). Neither of these are possible with current 360 solutions (that I know of) so I haven't been able to justify the cost.