Argh, Forgot my breaks.
>But the bulk of the interesting stuff happens on the X360
What? That may be true, but you don't know that. Nobody knows that except microsoft. I kinda doubt it anyways. Microsoft has been going on and on about how it will only effect the Xbox 360s cpu in single diget numbers.
> mostly for large buffer, perhaps
What. 512 megs of memory is MORE then a buffer. That would be incredibly huge and totally useless. There is another purpose for that RAM.
> So, at best, there needs to be another machine loading the code anyway Possibly.
But there is that flash memory on the board as well.... Probably used for code. I have no way of confirming this of course.