Can I use the same hardware to run any game for the system? such as having just one lindbergh and running all games it have as HOTD, VF5? or do I have to buy one for each game? Also, can I use a TV/Monitor too? I don't have space for a an arcade cabinet.
It depends on which game you want to run. For most of the games, the yellow version would be your best bet. There's a hard drive inside each machine...what you can do is take an Xbox HDVD drive and hook it to the lindy to install your game to that hard drive or a blank hard drive that you put in there. You would need to change the security chip on the front as well. You can use a TV/Monitor as well, but you will need a way to hook everything up (especially for gun games).
Why would anyone use a Xbox HDVD drive? Wouldn't it be WAY cheaper to find a Multiboot or at least buy a regular DVD drive?