I have seen that auction. It was basically just a retail xbox with upgraded ram. Some chihiro games run (partially) on such a unit but there are issues. it's for instance not possible to calibrate your gun in shooting games as the calibration values are saved on the baseboard which doesn't exist. The development of the launcher that allows the gpu to use all 128MB ram can be followed on the assemblergames forum. JayRayFox (who also was involved in creating xqemu together with espes) created that launcher and also created some tools to extract a chihiro bin into it's components (files)