If not, and you still have yours I'll move mountains to buy it.

do you:
A) have enough money to float $500?
B) want an xbox eventually?

then try to sell it. if stock is as low relative to demand as rumor suggest you have a really good chance to sell at a profit. worse case scenario you are burdened with too much entertainment.

Trade it for an arranged marriage with an Indian Princess.

Pick it up at midnight launch and sell it. You will make a killing. Just wait a week to get closer to Christmas. The closer to christmas it is, the more you will get. Given you can get it to them in time.

If money isn't a problem I would just let the order go through then sell it.

I had a pre order as well but canceled went with the ps4 for now.. will get a x1 within 3-4 months.

Where did you pre-order it? If Amazon then I could buy it from you through Paypal and you just send it to my house.

You could always plug the PS4 into the XBO and use the XBO snap features while playing PS4. ;)

Otherwise just sell it for a profit now. Use the extra $$ to buy a few PS4 games and buy the XBO later when Titanfall comes out.