Can i connect xbox live through my wireless enabled laptops ethernet?

I have a wireless enabled laptop(connected to my router downstairs) i dont want to splash out on a wireless adapter for my xbox 360 because im a cheap *** and i really dont want a huge 50m ethernet cable going adjectives the way to the router.So i thought could i connect my xbox to the internet via my laptops ethernet port. Is it possible?


Answers:    Yes, it is. Use Internet Conection Sharing on your Windows Laptop (ICS) and connect to it's ethernet port next to your Xbox 360. Use the network wizard to set ICS up.
yes but buy a ps3

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