Xbox 360 Camera NOT An iSight Replacement

I’ve read in a few places how the “Xbox 360 Live Vision Camera” might be a good replacement for the no-longer-sold stand-alone iSight camera. With Leopard (and Tiger 10.4.9) you can now use a variety of standards-based Web cameras with Macs. Just plug-and-play. And at $33 at Amazon.com, this Xbox camera seems like a bargain, and people are reporting excellent quality.
But after getting one, I was very disappointed. First off, the camera is manual focus. That puts it down a step from most other Web cameras. It is 1600×1200, which is nice, but the resulting quality at 640×480 is poor compared to the built-in iSight in iMacs and MacBooks.
It does plug-and-play, but I couldn’t get it to work with iMovie or PhotoBooth, as it only wanted to use the built-in iSight. I did get it to work with WireCast and QuickTime Pro.
The big show-stopped for me was the color quality. Very poor. The color was way off and no amount of lighting seemed to fix it.
So, this might be a good, cheap Web camera for chatting or having fun, but not for making any video.