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One thing about business that people don't seem to realize, all that information is already accessible. The one point about this story that sends up huge red flags is that they don't say which number the calls were made, nor which email. If it's his personal ones then those who did should have gone to jail for many reasons, none of which was stated and the story just dies. If this was more than a publicity stunt the story would go on, more people would have reported it, and those who made such messages would have been jailed. None of that has happened, most of the IRC chat networks don't even know this happened. IRC is not just an isolated chat program ... it's a network of a lot of chat servers, and you move from one channel to another with the click of a button, many log onto several channels ... rumors spread very quickly, stories like this are wildfire in IRC ... but nothing ... so yeah, this looks more like a lie the more I take this story apart, it's a PR stunt, nothing more, to get fanbois like Shogut's attention and scare them a bit. The reality is that most of such mods to the X-Box are undetectable to the server, so even if they tried they would have only gotten a few of them, and as I said, not the ones who made the mods but some poor sap who bought a used system to save a few bucks in these times of economic turmoil.
No, this is not a story based completely on fact, and MS is famous in the computer world for stunts like this, it's not unheard of. Here's a clue: Doubt everything you read, unless you are in the fire you don't know what's burning.