If you want your Xbox 360 console to stand out of the crowd, adhere to your personal sense of style or simply blend into its surroundings then purchasing an Xbox 360 decal or faceplate is a really good idea. Xbox 360 faceplates and decals are easy to apply. The Xbox 360 faceplates are interchangeable to allow you the freedom of changing your console's image whenever you want.

A decal is basically a sheet on vinyl cut to fit the contours of your Xbox 360 console. Some companies differ with how they make them; some offer decals for the entire console – both side and face, while other companies only offer decals for the side or face.
Decals look great because the vinyl is generally reflective and shiny. If the design is shaped to fit your console right it can look amazing, literally like a skin slipped over it. Cheap decals can leave you with either a design that doesn't look right on the console or a decal that is a little too big or too small. A decal that is too large or cut improperly can be very obvious, especially around the face if it doesn't fit the disc tray or buttons evenly.
Aside from making your Xbox look great decals also help to protect against surface scratches. The decal is not think enough to protect your console from any other type of damage such as falls etc.
Applying a decal is really straightforward. The majority of vinyl decals are slightly thicker than paper and supplied on a large sheet. Simply peel the decal from the sheet, making sure to take out any pieces for the disc tray or buttons. Place the decal very gently over the console. Make sure it is placed perfectly before you press it down. When you're sure you have it in place press it down starting from top to bottom to avoid unsightly creases. If the decal does crease you can lift it off and try again, avoid doing this too much as it will eventually stop sticking as well and the edges will peel.

I would advise against removing your decal unless completely necessary. Once you remove your decal after it has been on your console for a while it will be less sticky and if you try to put it back on the edges will peel and you could be faces with creases.
Decals do not usually leave any marks or residue on the Xbox 360 console, but if you do find yourself faced with these please do not use water or a damp cloth to remove them as you could severely damage the hardware in your console.