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The problem with this is Sega already tried it with Genesis and you see where that got them. Innovation must be revolutionary, not evolutionary in a capitalist competition. They will not allow for cross platform storage to PC as this encourages piracy. I could see cloud storage on MS servers, however.

The new console is already in talks to have future compatibility but it will not reduce appearance due to new tech, it will enhance the existing game library, ie draw distances, new additions.

Any console or PC includes a fan--it is how you cool a build. Unless MS creates nanobot cooling on the mobo, expect a fan-based system.