So Microsoft has unveiled the new Xbox One.
But is it any good?
Well, take a look at the promo video above (presented by Peter Goffin) - and read all the exciting details here.
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This product image released by Microsoft shows the new Xbox One entertainment console that will go on sale later this year. Microsoft is seeking to stay ahead of rivals in announcing that new content that can be downloaded for the popular "Call of Duty" game will launch first on Xbox One. Microsoft says more games will be shown at next month's E3 video game conference in Los Angeles. (AP Photo/Microsoft) (credit:AP)
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Microsoft Corp.'s next-generation Xbox One entertainment and gaming console system is shown on stage Tuesday, May 21, 2013, at an event in Redmond, Wash. It's been eight years since the launch of the Xbox 360. The original Xbox debuted in 2001, and its high-definition successor premiered in 2005. (AP Photo/Ted S. Warren) (credit:AP)
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Photographers crowd around Microsoft Corp.'s next-generation Xbox One entertainment and gaming console system after it was officially revealed, Tuesday, May 21, 2013, at an event in Redmond, Wash. (AP Photo/Ted S. Warren) (credit:AP)
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A controller for Microsoft Corp.'s Xbox One entertainment and gaming console system is on display after its unveiling Tuesday, May 21, 2013, at an event in Redmond, Wash. The Xbox One, a next-generation entertainment console that promises to be the one system households will need for games, television, movies and other entertainment, will go on sale later this year. (AP Photo/Ted S. Warren) (credit:AP)
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This Tuesday, May 21, 2013 photo shows a rear view of Microsoft Corp.'s next-generation Xbox One entertainment and gaming console, on display at an event in Redmond, Wash. The Xbox One, a next-generation entertainment console that promises to be the one system households will need for games, television, movies and other entertainment, will go on sale later this year. (AP Photo/Ted S. Warren) (credit:AP)
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The Kinect motion-sensing device for Microsoft Corp.'s Xbox One entertainment and gaming console system is on display Tuesday, May 21, 2013, at an event in Redmond, Wash. The Xbox One, a next-generation entertainment console that promises to be the one system households will need for games, television, movies and other entertainment, will go on sale later this year. (AP Photo/Ted S. Warren) (credit:AP)
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The new controller for Microsoft's next-generation Xbox One entertainment and gaming console system is shown front and center with older-generation controllers behind it, Tuesday, May 21, 2013, in Redmond, Wash. (AP Photo/Ted S. Warren) (credit:AP)
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IMAGE DISTRIBUTED FOR MICROSOFT - Press photograph Xbox One following the Xbox One reveal event on Tuesday, May 21, 2013, in Redmond, Wash. (Photo by KAREN DUCEY/Invision for Microsoft/AP Images) (credit:AP)
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IMAGE DISTRIBUTED FOR MICROSOFT - Don Mattrick, President of Interactive Entertainment Business at Microsoft unveils Xbox One on Tuesday, May 21, 2013, in Redmond, Wash. (Photo by Stephen Brashear/Invision for Microsoft/AP Images) (credit:AP)
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