QUOTE(V1pErS11 @ Jun 12 2008, 02:09 PM)

One question though, it is mentioned that this is similar to the eeprom hack, now I don't know much about the eeprom hack but as far as I know it wasn't required to own another un-baned xbox and get its keyvault or whatever.
No, the eeprom hack also required the identifying information from another unbanned xbox. However, this information was very easy to dump on the original xbox as it only required booting a gamesave exploit, so people who had no intention of going on Live were able to dump theirs and offer them for sale on forums for people who needed to get unbanned.
QUOTE
So does this mean that this method to un-ban the 360 will eventually not require a second xbox and be simplified?
It is extremely unlikely that it will ever be possible to unban your 360 without using the keyvault from another unbanned xbox. This was never possible with the original xbox even though that was considerably less secure. We might eventually discover a new exploit which makes it easier to dump the keys from the 360, and that would probably result in a market for unbanned keyvaults, but currently it's so hard that it's nothing more than a curiosity. The only people this is currently useful to is "people who hacked their 360 to run linux and then had it RRoD", as they're pretty much the only set of people who will have a spare unbanned keyvault

There is no guarantee that it will ever get any easier; it probably won't. MS have done a far better job this time around; the 360's security is a defence in depth. Just buy a new 360 if you want to go on Live again.