This is useful for tinkerers but I imagine that it will be patched on the fly. I think the Switch will get hacked before the PS4 or XB1 and imagine this will be the final console that will be hackable in any real way. With more and more developers producing online only games it is much easier to detect and block consoles that have been modded.

MS have made the bold move of the Universal Apps which make the XBox a great platform for third party/home grown apps. The PS4 and Switch - the only real reason for hacking would be for piracy.