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yep... big brother is home. they can and want to do more than that. interested in more reading regarding this kind of things ... wikipedia "project palladium" or google: "Trusted Computing' Frequently Asked Questions" or "can you trust your computer".
i think the reason for this is because with the unofficial memory units you can transfer stuff to the pc and back again so there is more threat of cheating gamesave hacking so this way blocking them there basically eliminate the opportunity to do so thus making xbox live a better experience COD was ruined with save hacking.
the same will happen with PS3 once there hacking trophies and saves to exploit online play Sony will do the exact same as MS as there will be millions of people complaining cheaters cheaters (only difference with Sony is they will probable start locking the saves again).
ether way i bought a 120GB HDD Legit cost me £90 wasn't happy but hey its only money it would have went on shit any how.