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Re: 2 xbox's, 2 XBL accounts & 600K STB ???
i dont see lag being too much of a problem, my mate uses his 128k connection on the weekends to play on xbl and never has any problems, obviously he doesnt host but still...
I myself have a similar setup to what your describing, i have 1 Linksys BEFSR41 connected to 2 PC'S and my PAL xbox and my NTSC xbox, the work just fine in system link (as long as the game isnt region defined eg halo, but thats cos its PAL v. NTSC), and i have managed to have them both on xbl at once too....
now i do have a 1mbit connection however so :S
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