Is your Xbox currently running a Dashboard version of 2.0.7371 or lower?
http://www.tiaowiki.com/w/How_to_JTAG_XBOX_360 - I would make sure your connections are not shorted and are in the right places on both the Jtag device and on the Xbox. Also if you don't solder the wires properly on the Xbox motherboard, it can be shorted out with other wires since solder is liquid and can flow and fuse together. Clean up any place on the Xbox motherboard that has solder on a wire shorted out with the others. Don't forgot to let it dry first.
Also, there might be updated software for the tools listed in the tutorial. I would stick to using the ones stated in the tutorial. Also, go into Device Manager and make sure all devices are listed and have drivers installed.
Double-click
Ports (COM & LPT)
These drivers should be listed:
- Communications Port (COM1)
- Printer Port (LPT1)
If you are still not having any luck after following the tutorial exactly, confirming that necessary drivers are installed, and rechecking over the connections, then you might be get additional help at
http://csbooth.com and more information about the USB SPI version of the JTag device.
http://www.diygadget.com/xbox-360-usb-spi-jtag-utility-bundle.html