Orochimaru appears as "white snake" in a battle with Sasuke

It popped in my head suddenly the other day; does Orochimaru have anything to do with the eight tails jinchuuriki that is shown on the manga currently (some called him "Mr. Host", and some called him "Mr. Killerbee") or the eight tails beast itself in any mean?

Well, for those of you who don’t know, "Orochi" in Japanese mythology is an eight-headed serpent beast. Well, we all know that Naruto is the host for the nine-tails beast. Orochimaru used to reside inside Sasuke before he was killed off by Itachi. And right about now, the only two beasts that haven’t been captured by Madara/Akatsuki are the Nine-Tails and the Eight-Tails.

According to the original folktale which the Legendary Sannins (Orochimaru, Jiraiya, Tsunade) are based on, Orochimaru is the one who mastered snake magic. He was consumed by his snake magic. "Orochi" is the name of a giant 8-headed snake in Japanese mythology. So does this mean Kishimoto (the mangaka!) is plotting something that we are not aware of? I mean, sure, it’s already shown that the Eight Tails indeed has a different jinchuuriki, which obviously isn’t Orochimaru (Orochimaru’s dead), but Orochimaru is also still "alive" inside Kabuto.

So what do you guys think?