"I know this isn’t new, but today is a special day: the new Xbox is going to be officially revealed tonight on everyone’s favorite music-free music channel. This post is about what to do with your soon to be obsolete Xbox.
Xbox-Linux installs have become fairly easy; You no longer have to crack open the case. You can buy or build a simple usb adapter to upload a 2MB file on to the Xbox by using an exploit in MechAssault. After that you can boot a live Linux cd. Even after this your Xbox will still be able to play games.