If you're expecting WiiU levels you're going to be greatly disappointed, it has a clear audience it's actually aiming at.

We'll wait and see what the sales do, they're not going to be fantastic but they'll be good enough I'm sure.

I was on the doom train for a while. I dont think the X1 has a chance in europe. I mean, its not completely locked out like it is in Japan, but it will sell half of less than what the PS4 does.
In the US it will be more competitive im sure, but with time i think companies, in particular the japanese ones wont bother with it and will go PS4 exclusive on many games.

What is that clear audience?

The 360 audience. Didn't think it needed pointing out.

It will be cannibalized by the PS4. 

No it won't, PS4 will sell better for sure, but it won't be a PS2/Xbox scenario, don't kid yourself. They're far too close for that to happen and one $100 price cut and they're at parity with the average consumer.

Not in US, but it will fall like Wii U did in Europe.

Ofcourse it probably won't a PS2/xbox scenario but nonetheless it will get cannibalized by the PS4 much like how the 360 cannibalized sony's audience.

@Bold That $100 price difference is pretty much gonna mean that the audience would rather go get a PS4 instead of X1. There really isn't any reason to get an X1 other than halo. 

Have you guys seen Titanfall?

But it doesn't come out till March :(