It would make sense, looks like one and is labelled FB
Not had chance to look at the Xbox tonight but I'm going to focus on trying to trace the path from the MP2853 to the CPU as it seems to me that if that heats up first it must be shorting close to that. The four pins (VOSEN1, VORTN1, and 2) are all shorted to ground but the rest of the pins are fine.
So is this chip only heating up because of the large ground pad or could it be shorted internally?