Re: I am planning to mod my 360, but I have a few questions.
Aww, nice to see Kobe and Shaq playing nice together.
1) As of today, no, you will not be banned.
2) Probably not since I'm sure they would ban based on something unique to the 360 along with Gamertag.
3) There is no difference, you are basically only changing the dvd firmware to always answer yes to a yes or no question, that's it. Cheaper media in some cases sounds louder spinning in the drive than real games but that's the media, not the 360.
4) It's a 360, which means it could last years or it could have died by the time I typed this. lol. Seriously, there's no telling, but flashing the firmware has nothing to do with it.