Does anybody know if it would be possible to interface this new XM receiver I got into a standard XM ready stereo?
When a stereo is made "XM ready" all that generally means is that the unit contains supporting hardware to communicate with an external receiver. "XM ready" systems do not contain the receiver, decoder and D/A converters, all of that hardware is contained in a remote box, the head only serves as a control and amp.
The problem is that there are no "standard" communication protocols or connections between a control head and XM receiver, so different manufacturers implement this in their own way.
In a nutshell it's not possible to intergrate the Delphi reveiver with a Honda head in the same way as a factory setup.
But, you aren't stuck with wires everywhere. There are installation kits available to hardwire the cradle to vehicle power and to send audio to the radio via the antenna coax or aux input (if the head is equipped). This is how I installed mine, so no ciggie ligter plug or tape adapters in my truck.

BTW, I really dig my sat radio, haven't listened to regular radio in two years! You should enjoy it as well.
D