You think them showing the players vs players was cutscenes? Give me a break. How about watch the multiplayer overview that released today. It looks exactly the same and has gameplay. Halo Infinite | Multiplayer Overview - YouTube

You said, MS poorly manages their franchises besides Forza. Is Age of Empires and Flight Sim not their franchises? MS still has to work with these 3rd party developers just like if they were 1st party because it is their IP's afterall. Psychonauts 2 was delayed so they could add more content to the game and keep polishing it, now we are going to be getting a better game because of it. I would say that was a good call my MS management. 

You could 100% make that argument.

Recently from Xbox we've seen an unbelievable number or delays for a poor product in Crackdown 3, a failed $75 million dollar Fable project, one of the strangest fiascos ever with their biggest franchise in the Halo:Infinite reveal, the cancellation of Scalebound, Sea of Thieves launching with a lack of content, Halo: The master chief collection launching with matchmaking issues, and now Everwild?

This is not to say there isn't plenty of other developers with issues (case in point CD Projekt Red) but MS studios have definitely had a lot of problems in the past few years with delays, post-launch issues, and studios and projects being canned.

I would also argue, because he said 'Xbox is being mismanaged' that their advertising approach has been sub-par for the Series X/S, and obviously their entire marketing/design approach to the Xbox One console.

You can easily spend over a thousand hours in Forza Horizon 5.  Sony has nothing on that level of re playability when it comes to the exclusives department. 

Err, GT Sport is still alive

https://www.kudosprime.com/gts/stats.php?profile=1495257
Time driven 133 days, 10 hours, 28 min and 30 s, that's well over 3,000 hours. (and only counting actual racing time)

I didn't spend that much time with FH4 but well on my way passing that number in FS2020 :)

You could 100% make that argument.

Recently from Xbox we've seen an unbelievable number or delays for a poor product in Crackdown 3, a failed $75 million dollar Fable project, one of the strangest fiascos ever with their biggest franchise in the Halo:Infinite reveal, the cancellation of Scalebound, Sea of Thieves launching with a lack of content, Halo: The master chief collection launching with matchmaking issues, and now Everwild?

This is not to say there isn't plenty of other developers with issues (case in point CD Projekt Red) but MS studios have definitely had a lot of problems in the past few years with delays, post-launch issues, and studios and projects being canned.

I would also argue, because he said 'Xbox is being mismanaged' that their advertising approach has been sub-par for the Series X/S, and obviously their entire marketing/design approach to the Xbox One console.

Says a guy that has never played a Horizon game keep kidding yourself buddy there is a reason all the games are over 90 on metacritic and over 12 million people played Forza Horizon 4.

I think most who are shitting on Xbox(still) don't realize how many games they actually announced so far and it's pretty insane. Here is the full list.
Confirmed projects:
Age of Empires IV by Relic Entertainment (in collaboration with World’s Edge)
As Dusk Falls by INTERIOR/NIGHT, via XGS Publishing
Avowed by Obsidian Entertainment
Contraband by Avalanche Studios, via XGS Publishing
The Elder Scrolls VI by Bethesda Game Studios
Everwild by Rare
Fable by Playground Games
Forza Horizon 5 by Playground Games
Forza Motorsport by Turn10 Studios
Grounded (full release) by Obsidian Entertainment
Halo Infinite by 343 Industries
Hellblade: Senua’s Saga by Ninja Theory
Indiana Jones by MachineGames
Microsoft Flight Simulator (Xbox port) by Asobo Studios, via XGS Publishing
The Outer Worlds 2 by Obsidian Entertainment
Perfect Dark by The Initiative
Project Mara by Ninja Theory
Psychonauts 2 by Double Fine
Redfall by Arkane Studios
Starfield by Bethesda Game Studios
State of Decay 3 by Undead Labs

Games releasing on Playstation first:
Deathloop by Arkane Studios
Ghostwire Tokyo by Tango Gameworks

Rumoured or unannounced projects:
Kojima’s game, via XGS Publishing
Project Dragon by IO Interactive, via XGS Publishing
Whatever the various other 1st-party studios are working on, such as The Coalition, inXile Entertainment, Compulsion Games, iD Software, etc.

If anyone still thinks this is the 'same old Xbox' as last gen is not being truthful with themselves.

When are those coming out? 

When it comes to Halo, all I got to say is yikes. 4-5 months til launch, on a game delayed for 7 months now, yet we only see in-engine cutscenes for the campaign? How do they not have at a few levels ready to show gameplay at this point? Are they even working to improve the levels or are they just remaking the cutscenes in-engine (pretty sure they were in-game last time) so they look better in ads? And finally, how is Xbox so poorly mismanaged? Their only franchise that seems to constantly be on top of things is Forza. Yeesh.