Given this console will reportedly REQUIRE an internet connection to even play games and games will not work without a valid activation code which then ties the game to your account, this is going to be no small order.
Not only are you going to have to bypass the copy protection hardware, whilst fooling it and keeping it off the net whilst having the device thinking it is, you are also potentially going to have to the crack the activation key system and the microsoft account servers.
Its like saying people will get round the lack of 2nd hand games on steam by hacking Steam. It just doesnt happen as its stupidly difficult.
It's nothing like steam people still pirate games on the pc. Give it time people will find a way, I'm sure when they do they'll be able to find ways around security n requiring the internet.