Per the article from CNET:
What we learned about Xbox One's living-room future
The Xbox One feels like an entirely new living-room device, but there are still some hurdles on the way to its ambitions.

The Xbox One is ready to be the hub of your living room.
That's been the pitch since Day 1 for Microsoft's next-gen console, but it wasn't until this Wednesday that the CNET crew had a chance to check out many of the Xbox One's home entertainment features in person.
We already knew that the Xbox One would include Blu-ray playback, the TV overlay functionality called OneGuide, and built-in support for voice and motion control through the included Kinect. But many of the specifics have been hard to come by, especially regarding the challenges of integrated TV.
The soon-to-be released console was set up in a homelike environment with a standard Time Warner cable box, and while most of the demo was tightly scripted, I had the chance to nail down some of the lingering details of how the Xbox One will work in the living room.
Not much DVR support
Seeing the OneGuide in action for live TV is pretty impressive; it lets you browse TV listings using voice and the controller much faster than a standard cable box. But when it comes to DVR control, the Xbox One is a lot less capable.
OneGuide
(Credit: Microsoft)For example, it's easy to track down a program airing later in the day using OneGuide, but once you find it, there's no way for the Xbox One to schedule a recording -- you need to pick up your cable box remote. Similarly, OneGuide doesn't know what's currently in your DVR, so if you tell Kinect to find that episode of "Parks and Recreation" you recorded last night, you'll come up empty. You can always switch over to your standard cable box remote to deal with DVR content, but that's well short of the "single user interface" that the Xbox One is aiming to be.
It's not a surprising limitation, as it's the same stumbling block that Google TV and others have continually run into. But if you're the kind of TV watcher who rarely watches live TV these days, it pushes those "one box to rule them all" dreams just a little further away.
'App channels' puts Hulu in your channel guide
One cool new aspect of OneGuide Microsoft showed off is a feature called "app channels." This integrates content from streaming services like Hulu Plus and Xbox Videos right into OneGuide, and apparently the platform will be open to any app maker that wants to develop for it. It was hard to gauge how useful this feature will be from the demo, but conceptually it's fascinating. Putting streaming services like Hulu Plus (or, in the future, Netflix and YouTube) right next to bona fide TV channels like Comedy Central or Fox even further blurs the line between Internet and TV content.
Play To, but not regular DLNA, is supported
It's a good-news, bad-news story for prospective Xbox One users planning to stream content from a network-attached storage (NAS) drive. The Xbox One is capable of playing by any video format supported by Windows and has some support for DLNA, but only DLNA devices that use Microsoft's "Play To" standard. At least that's the official party line from Microsoft right now. I wouldn't be surprised if standard DLNA devices worked in some capacity, but perhaps not as reliably.
Expect fewer apps at launch
If you're a Live Gold subscriber, the Xbox 360 has a huge library of streaming-media apps, including Netflix, HBO Go, Rhapsody, and Xfinity TV. Don't expect all the same apps to be available on the Xbox One at launch.
Source : http://reviews.cnet.com/8301-33199_7-57611410-221/what-we-learned-about-xbox-ones-living-room-future/
It is near the end of the end....
















