Yeah it would be interesting to see if some clever bods figure out how to build apps like web browsers, media players and msn messanger front ends etc.
Could be MS trying to discourage ppl from hacking the 360's for homebrew (cos that will happen eventually).
According to the faq they will. Games can be transferred between any 2 people with a subscription via live. I don't see how they will stopp people sharing source code via other methods though.
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