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I'm pretty sure your solution would equate in the same performance hit if not more than the split screen.... Unless part of the processing is offloaded to the PC.... Not sure how their streaming solution works though...

Now that being said... The second XBox second halo copy argument is pretty dumb IMO too... Since unless we are talking about a single household of kids with too much money to spend... This won't happen... Either the second player is already an halo player with his own XB or he is not and won't buy one just to play sometime with a friend instead of split screen.....

 

it will actually cost them sales.... Ton of people mu generation got into Xbox after playing halo split screens at my house or friend's house back she, Halo CE came out on the OG....

the few mad ones that might go forward buying an XBO just to experiment coop in halo that didn't plan on getting one anyway will be dwarfed by the one that'll never buy one because they won't have the pleasure to try it at a friend house...