With Microsoft banning Xbox LIVE accounts belonging to modded Xbox 360s, what is the owner of such a device to do?

Some are trying to get around it, of course, while others are (predictably) ready to give up the ship and start selling their neutered consoles on eBay, Craigslist, and the like.

As such, you might want to beware if you're in the market for a cheap Xbox. That is, unless you don't care about LIVE, in which case there are probably some deals to be had.

The Consumerist notes "Reading the listings is sort of sad, actually. Some sellers claim to have no idea why their boxes were banned, others are being perfectly honest about modding the console and violating Microsoft's Terms of Use. Gamer beware."