That's cool and all, and it sounds like it'll be an impressive system, but it's still too vague.

I honestly can't wait to see the full reveal of this system already. Same for the PS5. I want to see what Gen 9 really has in store. Hopefully we'll see something before E3.

As for price, I think the XSX will be $500 at launch. Adjusted for inflation, the PS4's launch price would be about $443, and since the XSX seems to be quite powerful, I think it'll be more than that, but not by a lot. $500 would be a bit less than the inflation-adjusted launch prices of the 20 GB Xbox 360, the Xbox One, the One X, and the PS1, and considerably less than that of the PS3, and only about $50+ more than that of the PS2 & PS4. $500 would not be a bad launch price.

Even if it costs more than $500 to make, MS can afford to take a loss since Xbox is not even close to being their primary source of income. Choosing that price point would put Sony in an unenviable position, especially if the PS5 isn't as strong as the XSX. If there's a significant enough power gap, the PS5 will likely have to launch at $450 to undercut MS. They'd take a slight loss per unit, but could still make up for it with software, accessories, and subscriptions. I think Sony probably would rather debut the PS5 at $500 (I doubt any console maker wants their system to be a loss leader, for obvious reasons), but being at price parity with the XSX (if the XSX does indeed launch at $500) may cause some gamers to decide on an XSX. All MS has to do would be to convince gamers that the XSX is a better value proposition as it's more powerful. And even if Sony undercuts them by $50, they can still say "Yes, the XSX is $50 more, but you get what you pay for."

Charging $500 for the XSX would be a good business and tactical decision for MS.

Put it this way, just wait till y’all see the exclusives + 3rd Party next gen only stuff. You can thank me later!

Well, I think you are all wrong. Every single move these companies make mean something. Whether they end up making a good or bad decision is an entirely different matter but I can guarantee you these decisions are not taken lightly.

Somehow I'm having a hard time trying to imagine a conversation in a Sony or MS board meeting going like this: 1-"Sooo, when are you going to reveal the specs of our new console?" 2-"Hmm.. whatever, someone has to go first."

Instead you're thinking it's more likely:

A: so when are we revealing the specs?

B: let's just wait until we know the other guys plan, whenever that is!   

Yes, that is exactly what I'm thinking.

Look, I know corporate espionage is illegal and no company will ever admit doing it. But I do not believe for one second that these companies (ALL OF THEM) do not do some "research" on their competitors before taking these kinds of decisions. And it is not like "leaks" haven't been floating around for months now. I'm just 100% certain that these companies have more resources to verify the veracity of those "leaks" more than us simple forum readers.

Sony is also still selling plenty ps4s. A good rule is not to talk about the next system too much too early, it will only slow down your current sales. For the under dog it's better to get people excited early about the next gen, don't buy a switch / ps4 now, look what we've got cooking.

So when they say Gears 5 supports Smart Delivery, does that mean Gears 5 will be optimized and upgraded for XSX? Exciting stuff.

Meh unless they have strong Japanese and physical game support that's when I will show interest, not to mention when they make a smaller version of the console. Not asking for a fridge or server on my shelf.

It will at the minimum look and play as good as it does on Xbox One X. I am curious to see if all games will run and look better on Xbox Series X, and more than just a boost in resolution. 

People are getting to caught up on specs. This was a smart delivery anouncement. This is to calm people about buying games now and not wait until the next gen upgrade. Mostly a dig at stadia in my opinion. Nobody wants to buy their games twice.