Ok, that looks way more complicated than expected.
Some good high resolution images and IC labels would be interesting.
It's hard to tell any details from that image. Also the backside of
the PCB would be interesting.
I guess we would need a closer look on the schematics to see what is
really going on. It's hard to come up with any good reason for all
that extra hardware. Maybe it provides additional in system debugging,
with an extra serial link down to kinect.
For the basic operation I hope just USB and power supply will be
sufficient. Another thing I can think of is some sort of hardware
level protection to protect the bare kinect ever working on usb host.
I worry a lot of damaging my device when I hook it up to any voltage
source because the pinout is not clear to me at this point. It would
be really helpful as a first step that someone with a k4w adapter
actually measures the pinout and voltage levels. It's obvious that
there is a 3.3V voltage regulator present because of all those extra
ICs. I doubt that those 3.3V are passed over the long cable, that
would be pretty unusual.
I really wish I would have access to a xbox one or a k4w adapter to
just hook up an oscilloscope to see what is going on for real. For now
I pretty stuck with just having the kinect.
aurel