The flash has been dumped years ago, it's encrypted with a per-box key but it's been decrypted (the king king exploit on the pre-security-fix dashboards lets you get the cpu key and decrypt all of the flash) and many parts have been disassembled by various smart people. It's a perfectly standard PowerPC and any old PowerPC disassembler can do it just fine.
You appear to be unaware of the last several years of research and hacking effort into the Xbox 360's security system. It is very well designed and has only a few very minor flaws which as yet have not allowed any significant exploits other than the ability to play backups of retail discs and to resign CON containers after modification.
http://www.youtube.c...?v=uxjpmc8ZIxM# is an excellent video, a tech talk given by some of the people involved in the research and hacking. It might help explain why your discussion here is somewhat out of date