One of the objectives of XBox One is to make it more than just a gaming device. With XBox 360 using the Media Center Extender option was the only option to get cable or OTA TV.
With XBox One, the Kinect controller is turning the XBox One home entertainment option become alot more interesting. The XBox One Kinect has significantly higher resolution both from video and from audio than it's predecessor.
What does this mean for you? The new Xbox One will allow users to control their TV's main functionality through voice commands. And the Xbox One Interface will allow viewers to create a personalized "My Shows" section that will be unique to each person. My Shows will list content regardless of provider—in other words, you'll be able to look at what shows you have available, whether from regular TV, Netflix, VOD, iTunes, etc.
Sounds kind of interesting, but do people need something to tell them what is interesting? If I watch Food Network and Cooking channel, what other channel is going to have something that I would be interested in?
I guess the whole notion of having a gaming device also be a entertainment device (particularly at $500) is still a little bit of a head scratcher to me. While I personally have a XBox 360 hooked up to five displays in the house being powered by a central, headless WMC PC, it has value to me because I have centralized storage of recorded TV and I don't have to have a STB in every room. Since XBox One requires a STB to get cable / satellite stations, that means two devices at each TV.
What do you think?