X2 Lite, with on/off switch
What I have done so far:
Updated new Live 2.0, Looks ok.
Still can use evox and live without being banned or problems, well for now, if anything changes i'll add it to the post.
I also disabled the auto sign on setting, found out the xbox doesn't really connect until you go into the XBOX LIVE TAB, since i disconnect my cable, and only when i went into that tab did it give me an error, saying I couldn't connect.
But when i put the cable back on it boots immediately to the new dashboard.
I suppose if you didn't want to take any chances when your mod is on, just dont go into the LIVE TAB, or just disconnect your cable, just incase you have lil kids that might accidentally go into the xbox live tab menu, hopefully MS is not upto something else.