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V-r0cK said:
And all that talk about backwards compatibility will now be useless to this model.

Not really.

On Xbox One, 360 games are run through a re-compiler to make an XBO compatible version which you download and own based on your existing rights (digital or disc based)

Even if those games are not on the 360 store at the moment, doesn't matter. Every BC game will have a digital XBO version somewhere on Microsofts many servers. There's a reason why it's not going live until November...it's because the revised XBO UI is going to have a new digital game store with all XBO and 360 games (subject to publishers consent) ...and it will be growing by many hundreds the more games they release.