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Solid conference, but no real bomb shells to ride.
Backwards compatibility is nice for those that still want to try some of the old stuff on Xbox 360. I think that was the biggest bomb they dropped.
Some of the indie games looks great, but I expect to see them on PS4 / PC.
Hololens stuff looked great, though let's see it in an actual environment ASAP to actually judge how this stuff runs.

All in all, solid. They came out swinging and hit a few quite well. They're really devoted to showing us that they've learned a few hard lessons, is what I take most out of this whole 2 hour conference. I've been cooking while this was running, so I didn't really feel any strain.

Great year to be an Xbox gamer. Congrats guys.

Let's see Nintendo and Sony.