We have obtained a supposedly banned eeprom image from an unknown source and we then did the following with a known good and NON banned xbox..
here is exactly what we did: (with offsets into eeprom image)
Used our original HDD Key (0x00 to 0x2F)
calculated new checksum (0x30 - 0x33)
used NEW serial number (0x34 - 0x3F)
used NEW MAC address (0x40 - 0x45)
used 2 byte word align padding (0x46 - 0x47)
used the Banned eeprom's Online Key (0x48 - 0x57)
used the original Video standard settings (0x58 - 0x5F)
used 0xFFFFFFFF for checksum (factory reset) (0x60 - 0x63)
Zeroed everyting else out for factory reset (0x64 - 0xFF)
when we turned the xbox on it asked for language and time zone (factory reset)..
we went into XBOX LIVE network config and it picked up the new Serial and MAC..
we then launched a XBOX LIVE game.. SUCCESSFULLY signed with this serial, mac and Online Key combination kicked some ass in UNREAL !!!!
From this can for certain say that (if this was indeed a banned box) the Online Key and HDD Key as nothing to do with each other.. and progress is just ahead !!
Next step would be to try and resurect an actuall banned xbox !
Any volunteers ??