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The whole 'cloud' thing is just mainframe servers revisited and in this day & age, for personal computing, is a horrible idea. It is very easy to get a static IP or use a free / cheap dynamic IP DNS and therefore can host anything you want to share yourself ( it's what I do ). Putting your data in the hands of a corporation set to make money can only lead to bad things ( see instagram claiming rights to reuse photos ). They have your data hostage and worse, you gave it to them willingly. For a gaming system and hosting games, what happens years down the road when the system is now outdated and the company no longer wishes to make those games available to you because they want to force you to their next platform?
The all in one entertainment box could be a cool idea, if done right, but of course, the Xboxone did not. Instead of teaming up with someone like Ceton and acting as a tuner & DVR ( ie. replacing your cable box ), the 'one' decided to be just another part of the 'many', pushing an overlay and using an HDMI interface at best ( but almost completely unsupported by set top boxes today ) or a problematic IR blaster for control options - ridiculous.
The worse is used game scenario. With MS & publishers taking cuts of used game sales, the prices are going to skyrocket and thereby kill the used game market. This not only hurts Gamestop, but you, should you ever wish to ebay your game. This alone should be reason enough to prevent any logical person from even considering purchasing the device.
Xbox One - everything done wrong at once.
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