One thing that most folks seem to forget is that MS spent a $3 billion on the development of the APU (the cpu/gpu chip):

http://www.xbitlabs.com/news/multimedia/display/20130527231722_Microsoft_Xbox_One_APU_Cost_Over_3_Billion_to_Develop.html

Now if MS spent all that money and this was the best they could come up with, it's pretty sad. AMD just bought a stock APU and speedy graphics RAM and put it in the PS4. I certainly hope that this kind of money bought MS something more special, heh.

Another point that was made by "insider" on Mister's site is that MS did not have the final hardware ready until just before launch. MS was going to wait until June, 2014 to launch but SONY's much earlier launch date was going to eat MS's lunch. MS decided to bump up the launch date and was woefully unprepared during the launch. This explains the botched E3 reveal as management was just winging it as far as policies and stuff that the box would be able to do. The drivers for the hardware were not ready, the developer's were not really ready, and the tools were not ready. It was a mess. It also explains the late launch around the rest of the world as tMS is still playing catch up. It won't be until June that most of the stuff will be straightened out was the word that insider gave.

Now I have looked everywhere for some sort of verification of things said on the site. Mister definitely blew up some things that were trivial (like a "bigger" power supply and the "extra traces" seen in the chipworks photo). Others is just a lot of half-assed verbiage about textures and pipes. But SOME of the stuff is checking out. How much can be squeezed into a chip footprint without heat issues is a big concern of mine.

Now I could care less about XBox One games as I use my PC for games, the console for Netflix and TV, and my sons only sometimes use the the console(s) for games (mostly for HALO duals). I have zero skin in this game. But it is EXCITING to think that there might, just might, be something more than MS is showing at this time. If so, and if it has only been leaked this little, it will be a major coup in the world of consoles. 3 BILLION dollars can get you that kind of reveal.