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There's backstory going on where it was explained that it was all a prank to teach the kid a lesson for peeking into his Christmas presents the night before.
The brother also posted on YouTube that they DID give him the Xbox360 later.
However, when asked for video proof by many, many angry internet-surfers, there was no reply.
At the moment, there are some who still believe he still doesn't have an Xbox360.
Update:
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Many have stepped up to try and get poor Jonathan an Xbox360, including the Engadget team.
This post has been edited by Gurdian: Mar 1 2008, 01:54 PM