Well, the rumor was true: no DRM anymore, no online connection required, and no region locking. So now instead of a stillborn console, they merely have one that's $100 less and allegedly less powerful than the PS4. Well, 5-6 years from now when I buy an Xbone for Quantum Break (assuming I haven't bought the PC version), I'll appreciate not having to sell my soul to Microsoft.
The console wars just got a lot more interesting, but I hope that people don't forget how doggedly Microsoft was fighting for all that DRM. This isn't going to go away that easily.