I feel that they are doing a few wrong moves with the XBOX 360.
first of all, the name is kinda bad - it was rumored it was to be called "Xenox" which I would have liked better than "XBOX 360" - it sounds like instead of spending money on naming the system, they spent it on cheap hookers and booze and at the last minute just said in a druken stuper "Let's just name it after the degrees in a circle!" (360 degrees would just mean they are in the same place...)
also, XBOX 360 will only be backwards compatible with "selective" games (probably "Halo", "Halo 2", and a few other good selling games [even though I found the story to "Halo" very craptacular]). Now, it will be the only console that is not completely bacwards compatible with its previous system.
The price, as well, is a major turnoff.
Let's take a small peek at a XBOX 360 package.
http://www.ecrater.com/product.php?pid=56913
Yeah, I don't think $500 is good for a system.
Most likely, that's a false price (I am guessing $300), but still, $300 is
way too much for a single system...