In terms of a market for the system, people pay $50-300 just for universal remotes that have a fraction of the capability of what they showed the X1 doing in that presser. If I could run my entire TV by voice the way I do some of my streaming apps on 360, I'd pay, say the price of a kinect, just for that capability, never mind the gaming console and everything else on top of it.

I swear I'm in a time-warp, where if we went back to the start of last gen, everyone saying that MS was doomed and dead in the water with things such as paid multiplayer and the like would be very similar to this.

And let's wait until we see pricing. From the $99 MS subscription experiment with the 360 purchases to the deals with media companies like Comcast, I think we're going to see that MS is going to get these in a lot of homes after the second holiday. Yes, the first year, they'll need to grab some early adopters and the like to demonstrate to devs and pubs that they will continue to be a platform - that's what the 15 exclusives and all the first party games are all about -- but they are going to get this in a lot of homes real quick come full year 2015.

Year one they are going to do 15 exclusives, 8 new IP, then capped by Halo 5 in holiday 2014. That's going to drag in the gamers and the brand loyalists/fanboys, as long as you get 10 quality core games that draw some 85+ metacritics. Then when the retail channel gets restocked post-holiday 2014, they are going to blow the doors off with deals and tie-ins. Just watch. They'll be fine, particularly in the U.S. and UK., where they're going to do well enough to drive their generation.

Because Sony didn't waste most of their conference on pointless gimmicks and secondary features.
Sony focused on the selling point, games and it delivered. I'm not saying it was perfect but it was much better than the Xbox One showing