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not that i know anything about hacking but...

..wouldn't xbone kind of be easy pickings comparatively? the system is already architect to run software installed on the hardware from any disc you stick into it. all you have to do is intercept/dupe the online validation and you'd have free reign to run any software you want.

 

add to that hackers are some of the most "rights" oriented people i know.  they'll think it's their duty to liberate the xbone.