Ha this sounds so familiar, Im in exaclty the same situation. Had a modded 360 to play backups (bannedfromlive) and a brand new hdmi falcon 360 for live and game updates etc. My old modded 360 now broke so I sold it as faulty and only have the brand new 360 left.
The thing is I like getting the dashboard and codec updates and if I mod this new console I think I will regret not being able to get new features.. The recent xvid update and x264 hi def playback is awesome and hopefully in the next update they will add 5.1 support for x264.
If like me you value xboxlive and dash updates i.e new features. Dont flash it, If you just play games on it anyway what do you have to lose?
Positives and Negatives
If you flash it
+ more money in your pocket blank discs r cheap
+ easy way to get games
- No xbox live (if banned)
- No game updates
- No dash updates (codecs) or new feature support
- Very unlikely bricking accident during flash (IMG:
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