A hacker called "TheSpecialist" is claiming that he's found a backdoor to the XBOX 360 via manipulation of the firmware. Could we see the 360 fully hacked in the near future?

"Word is out on the street that a flaw in the Xbox 360 DVD firmware may allow a hacker to install his own custom firmware in there unchecked, and as such gain full control of what the DVD will or will not accept."