I am plan this just to testing out. I just bought domain www. xbox 360 talk .com from DP. I think I got a good deal. Domain is almost 3 years old, PR1, over 1000 pages indexed in Yahoo. Anyway, here is my plan.

1. I got a domain

2. I am using one of my server

3. Using Blog in Front page, vBulletin for Forum

So far, setup is done and site is open to the public.

Now, I will run contest with Free Xbox360 Premium Edition which will cost me $400 + tax.

Contest format will be posting, referral, and I am trying with Johnchow.com link build method. Also hire someone to register other gaming forums and put my site link in their signature.
I will hire some forum posting service, directory submission, and I will buy some links and ad space which rest of money($500) will go.

The Goal is get 500-1000 unique per day next 3 month. Will update next 2 weeks.