No, because if the Xbox Live Policy Enforcement Team finds out your playing on a modded Xbox (and most likely they will) they will issue a console ban. A console ban will make your console useless and you won't be able to play on it. Also if you are planning to buy one from someone be careful as I heard of people selling modded Xboxs and when the person bought it they figure out it has been issued a console ban and then they wasted their money for nothing.
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