http://kotaku.com/5897461/hackers-can-steal-credit-card-information-from-your-old-xbox-experts-tell-us
http://www.escapistmagazine.com/news/view/116568-Beware-Your-Old-Xbox-Stores-Personal-Information
( Escapist link for anyone that doesn't want to give Kotau page hits ;) )
So, fair warning to anyone throwing out their old Xbox. Not only is this a thread for fanboys, it is also useful for anyone who doesn't want scummy types using their credit card!
You might want to use
"a specific formatting application likeBoot and Nuke to completely erase information from the magnetic disks. "
because
"all of your personal information is stored on the console's hard drive - even if you wipe the drive clean.
Ashley Podhradsky from Drexel University in Philadelphia experimented with common tools and applications on a refurbished Xbox 360 and easily grabbed the previous owner's sensitive bits like credit card number, address and real name."
Neat, huh?
