Monolith Films

Quick question: What would you guys think of filming videos like we do on the PC except on the Xbox?

A friend of mine and I have been thinking of buying a video recorder for the Xbox 360 I own and filming videos on it. I was wondering if you guys would be interested in that sort of thing. We figured we can cover games on the Xbox that the PC can't and we have a lot of free time that we could use editing.

If you all were cool with this this would be my plan.
-My friend and I get the equipment all set up
-I make a Gamertag called "LeMonolithFilms", same as the Youtube Channel Name.
-My friend and I record videos of playthroughs and reviews of games and record video, sound and edit them ourselves
-We send the videos to Carbon and EX so they can upload them to the channel

Of course I still need to get a Laptop and the video recorder. My friend already has some high definition sound recording equipment he'd probably allow us to use. In short I'll have the laptop and recording equipment at most by the start of the college season and we'd probably start then.

What do ya think?