I just picked up my first 360 from a guy on craigslist that supposedly has a bad optical drive. I figured I'd document my experience for anyone who might come across a similar deal and isn't sure if they should go for it or not.
A little about my experience... I have modchipped and softmodded multiple XBOXes, softmodded a Wii and modchipped a Gamecube in the past so I some experience with some of the stuff I might be facing. This is however the first 360 that I will be trying to fix/mod.
The 360... Is an Elite with a 120gb HDD, connected via composite because I'm too cheap to buy an HDTV and 1 wireless controller. I've started it up and can confirm that everything seems to work excluding the optical drive since it came with Rainbow Six Vegas 2. The kernel is 2.0.9199.0 as far as my limited knowledge takes me, this is not JTAGable, bummer. For only $50, I couldn't pass it up even though I have no experience with 360s!
I've ordered a console opening tool on ebay for $3 shipped and expect that within a week from the NY based seller. Yes I know you can open the console without it but I've seen how much damage can be done trying to do it that way so I've decided to be patient and wait.
My plan as of right now is to get that sucker open, fiddle with the pots and see what happens. If I can fix the drive I'll flash it at some point in time so I can play backups. If the drive really is toast and what I understand about 360s is correct, I'll have to buy a working drive somewhere and spoof the new drive into the 360. Again, eventually I'll flash the drive to play backups.
If for whatever reason I can't get everything back to working, expect to see this for sale on these boards in a couple months.
