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m0ney said:

I have been looking at Xbox 360 for some time, I've never had Xbox but now that it's previous gen it suddenly interests me, but if Xbox One can emulate all 360 games then it's really no point getting 360?

If a company says no, their X360 cannot run on the Xone. The emulator still needs the assets of the original game and that is copyrighted intellectual property. Equally Kinect games won't wok (although I imagine that part could be sort-of emulated with Kinect2).

My guess is nowadays an X360 is so cheap to buy that it is actually the safer way to go. Unless the emulated games perform better than the original, which I have no idea.