How to stream media from your PC to Xbox 360 with TVersity

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That means the media file has to be less than 4gb, because the xbox will only read off a Fat32 formatted drive, which standard allocation sets each file to no more than 4gb.

Well thats not correct I use my 8gb in my xbox, anyway to steam something over 4gb to your xbox will have lag unless your network is wired.
Have you ever steamed anything over 4gb to your xbox?

I have and it doesn't lag at all. But really fat32 partitioning is 4gb.