Wrong. It should be called license copy because the licenses remain on both consoles. (It does not remove the licenses from the original console.)
I know this because I always do license transfers with my friends when new map packs come out
Added oG "Bop" below!!
deadlymedic911 SOLD
Price: $30
Gamerscore: 24455
Microsoft Points: 1200
Membership: Silver
Notable downloads (ready to be license transfered):
Blacklight: Tango Down
Outlaws To the End Co-Op Mission Pack
Map Pack 1
Halo 3 Cold Storage Map
Halo 3 Legendary Map Pack...
Yo Pacman if people are too scared go first I'll take NI off you for a 3 month haha please? :) Let me know if you want
Oh also can you vouch for me? thanks