I don't think a live action Xenoblade Chronicles show would work. Two problems: 1) the art direction while nice for a game with a clear anime-esque style would translate horribly to live action and 2) what story would you tell besides the one the game already told perfectly? Could make a cool anime but problem 2 still lingers.
Now, Xenoblade Chronicles X's setting has room for multiple games, a TV show, and possibly a film :P . And the art direction would translate better since anime faces aside the art style is more in line with western SciFi and also more realistic. And a live action show could easily run parallel to the games by following an entirely different ark ship; they launched dozens and more than one escaped the initial Ganglion opposition. Following a ship either trying to setup on a planet or searching for one while meeting numerous alien races and learning about mankind's enemjes would make a great show.







