W.I.P. screenshots of the new upcoming FreeStyleDash v2.x build for homebrew 360s has been posted on their official forums. Besides pictures of the Games List and Achievements screens, we also see they are working on integrating some XLink Kai support in the homebrew dashboard. From what we heard you will still have to run XLink Kai on your PC, FSD will just use the remote function of XLink to give access to some features of XLink directly from within the dashboard.
Like on the Original Xbox, XLink Kai allows to play system-link enabled multi-player Xbox360 games over the internet, which became useful since the Dash Launch plugin removing the 30ms-ping-limit on the Xbox360.