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Dissapointing but expected. Bump in gpu and memory is nice but cpu is likely very underwhelming. It's close to a generation leap in the graphics department but not as a whole. For $399 it will be a good deal, above that it will struggle to compete with PS4(Pro).

That said this is a mistake from MS, they should have gone for a completely new system(2017 or 2018 release). That would have undercut Sony and with a very recent PS4 Pro they probably wouldn't have been able to respond with a PS5. Also because Xbox One is so similair to PS4, that system would still have gotten great third party support.

Microsoft had an opening and they let it slide, just like last gen.