Except...
- No 3D Blu-ray support
- No Dolby Digital 5.1 over optical, just stereo or DTS 5.1
- No proper streaming audio/video support, just Microsoft PlayTo
- No support for playing media off a USB device
I see no excuse for any of those omissions, given that MS has been touting this as the ONE BOX YOU NEED, and a true "all-in-one" system.
What's even more pathetic is that the 360 happily supports DD5.1 over optical, and audio/video streaming from any DLNA / UPnP Media server, and audio/video playback from a USB device... why not the Xbox One?
Not everyone has an HDMI AV receiver, plus anyone who has 5.1 headphones is likely to need a Dolby Digital output over optical to be able to use them (I do for my Sharkoons, and I think Turtle Beach ones do too).
So, I shall continue to use my PS3 for DVDs and Blu-ray Discs that have DD5.1 instead of DTS soundtracks, and continue to use my PS3 to stream mp4 videos from my iMac or play mp4 videos from a USB stick.
Also, due to the lack of an iPlayer app or a Sky Go app at launch, I shall continue to use my PS3 for iPlayer and continue to use my 360 for Sky Go.
ALL IN ONE!
Unfortunately, Microsoft's "all-in-one entertainment system" and
One box you need is lacking in that area of entertainment, and others.