I know that there are free linux media servers that the 360 can interface with and access the same way it can with the Windows Media Center, but will LinuxMCE be able to do that as well?
The problem (as far as I know, and from what I've learned playing with free media servers) with this feat is that the 360 will only accept the "wmv" codec (and perhaps "avi" but I can't remember). Some media servers would transcode it to "wmv" on the fly before sending it and that (sorta) worked. It was slow and laggy, but it worked. Would LinuxMCE be able to do that?