Well... I'll follow this thread...
grillo2k4 has a good idea... but we'll need an xbe that hasn't been read off an xbox in order for his idea to work, seeing as the key will be removed.
What we need is a dvd emulator, really... the ability to read xbox dvds at this point in time would be a great feature to add to, say... craxion... imagine 1:1 copies of games... oh wait, that's illegal... ugh. and so the battle continues, whilst exploring the possibilities...
Back in the early days of CXBX, I brought up this exact question -- could there be an xbox dvd emulator, or a reader that interpreted the dvd data... obviously, nothing came of this, and we have gotten up to the point where games are now being put on UDF partitions of DVD's. Perhaps there is little mystery to the xbox dvd format, and we're just overlooking the obvious. Perhaps an xbox dvd is actually readable in ANY dvd drive, and we've just missed the key.
This is all speculation, so don't go calling it factual. I'm an observer that compiles information, and attempts to simplify, or regurgatate in the most... easy way.