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So there is finally a hack for Hitachi v79 Drives using the Hitachi v79 unlock tool.
Here’s how:

1. Unrar the file
2. Burn the CD Image, I used ImgBurn….
3. Put 79 in Mode B
3. Insert the CD in the 79 and play the track, wait for it to finish…
4. Then press play [...]

Maximus has just recently released 360 Firmware Toolbox v4.6. 360 Firmware Toolbox v4.6 is a GUI that handles several Xbox 360 DVD drive firmware operations. Now with iXtreme v1.4 for Hitachi-LG v78 and v79 drives. But only with passkey.

WHATS NEW ON V4.60:
* ADDED: i-xtreme 1.4 multispeed for all Hitachi Versions (Credit is [...]

iXtreme firmware 1.4 Out: New release of ixtreme firmware 1.4 is out. Its for all versions of the DVD drives except for V78/ V79 hitachi drives. Which according to sources Maximus will release shortly*.
*Remember toying with firmware is at your own risk, you could break your Xbox 360 or be banned from Xbox live [...]