The x360Key is a new product from the famous Wiikey Team. Famous for the most popular line of Wii modchips, they dominated the market right up until a device called the WODE came out. The WODE has been an extremly successful product becuase its bassically a hardware hack that allows you to run games from a harddrive, insteaed of your original disc. Instead of the Wiikey team bringing out the same product, they have been concentrating for over a year on doing the exact same thing for the xbox 360, and here it is!
How does it work?
The x360Key is an Xbox 360 drive emulator. What this means, is that when you load a game via the x360key the xbox actually thinks the game is loading via disc. The 360 thinks the drive is ejecting, a disc is being inserted, the tray closes, the disc spins up, and then loads. Of course non of this is actually happening, its all via emulation, and the data is coming directly from your harddrive!
The x360key is based of Linux, just like the WODE was. This means that it is compatible with multiple filesystems, but more importantly, is that the feature list can grow and grow and grow. Initially the device will only be made to work with the "PHAT" xboxs and the 9504 and 0225 slim xboxs. There are more Slim xbox types to come in the future, so please look at the compatiblity table below to check if it will work on your box.
From the website:
x360key consists of 2 parts, a motherboard and a remote.
The motherboard connects to the SATA bus inside the Xbox 360, and sits between the drive and the Xbox 360 motherboard. x360key is a full-fledged computer system running embedded Linux. It is capable of many things such as
Emulating the Xbox 360 DVD drive
Reading USB hard drives and other USB media with various file systems
Updating itself and other hardware from USB media
Communicating with the remote and other external USB devices
And a lot more! (embedded Web server and Wifi connectivity for example)
The remote is a simple yet stylish piece of hardware that features an OLED display and 3 buttons. It connects to the x360key motherboard via a high speed USB2 connection. It also has USB for connecting USB hard drives and other devices. The OLED and buttons are used to control various aspects of x360key. It is also used for browsing attached USB media devices and launching games.
The device will work with all fat model xbox 360's and works with 2 of the 4 drives in the slim.