The $400 price point will go a long way when it comes to gamers' wallets. You can pick up an extra controller and launch title before hitting the Xbox One price point. Sure, Sony sacrificed its PS4 camera by opting not to offer it as a pack-in, and that will impact how many games utilize it, but at the end of the day most gamers will be happy without it. And Sony will sell more hardware at the lower price point out of the gate.
We looked to Microsoft senior vice president Yusuf Mehdi to learn more about what the company's new videogame console can and can't do.