All it does is emulates a disc drive for xbox isos. It is like an ODE, but in software, and attached to the network. Any other files for games would need to be stored on a HDD or other media, just like it would if you were to play on retail consoles with a disc. It is much faster than connectX, and doesnt require you to extract ISO's. As it sits now, you could probably use this to share games outside of your house if you know what you are doing. Example being you have a summer home, with the network there shared with your regular home via vpn, you could connect to your games server remotly, and still play all of your games on that xbox you hardly touch, without having to copy them to this other box. And since it is faster than connectX, you wouldnt be waiting forever. lol.