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Re:Xenia - An Xbox 360 emulator by justin_ on Saturday January 11, 2014 @08:11PM (#7044657)
The developer made some interesting posts about how the emulator will work on his blog a couple years back:

http://www.noxa.org/blog/

Re:Xenia - An Xbox 360 emulator by snowman41 on Saturday January 11, 2014 @09:39PM (#7044910)
Great link, thanks.