We'll see about that. I'm not ready to let MS run my life and tell me when I can go to the bathroom. I'll use the system I purchased in any way I want that doesn't break fair ethical or legal codes. When I buy a car, I'm not going to listen to the manufacturer tell me how I can modify it, and a car is a much more dangerous thing than a video game console.
My account hasn't been banned, but my Xbox has been blocked from Xbox Live twice, but nothing an eeprom change couldn't help. Even if I was banned permanantly, it wouldn't be the end of the world. I use xlink and xbconnect a lot already.