I think the X1 will be fine. However, it kinda depends on the games though. Without new and successful ips there simply is no reason to buy a X1.
Right now we still see people buying it because of brand loyalty but it's just a matter of time before even the most loyal Xbox fans realize that it isn't the home for the best multiplatform games anymore. And without exclusives there just won't be any incentive for anyone to actually buy a X1, especially if it's more expensive.
But then again, if MS can announce a ton of cool exclusives at E3, everything should be ok. Question is if they can manage that. This will no doubt be the most important E3 for MS ever as they will really need to beat Sony and get the gamers talking about them after the event. This will be tough because we all know Sony will be bringing the heat at E3 as well.
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