It would be pretty pointless actually and would just skyrocket the price of the console higher and reduce profit margins.
No what MS means by "rebranding" their console as an entertainment hub is that they are litteraly going to blow the walls off of all the stuff that is offered via streaming on xbox live.
Expect Youtube announcements as well as some sort of cable subscription partnership or something similar. I think Pachter is right in saying that MS will introduce some sort of Platinum service for $100 a year that offers an immense ammount of things to access on xbox live like rolling Hulu, Netflix, and other subscriptions all into one package.








