A lot of the info in this thread can be referenced from known info from earlier posts yesterday/today.
GRiFF, the XBox .xtf is a proprietary format/extension. The extension described in your link appears to be for software dealing with Sonars

[edit: at a glance, xtf's appear to be in the same format as font texture packed resources in the .xpr files (as is used for fonts in other xbox apps)]
p0pp, as for necessary tools -- XDK, VS, and a decent hex editor. the .xtf's can be hand-edited even.
Executable code begins at 0x76FDCA