I'm sure that everything in the video has already been addressed many times over (and I see that the fanboy wars are already in full operation) but I wanted to say one thing about your closing statements, Jim.
Take away the game from game journalism and you've got a journalist. If we stop saying that game journalists are somehow different then regular journalists and hold them to the same standard -- which, albeit, is rather low for me right now -- then you're saying exactly what needs to be said and I expect no apologies. Sure, the Times or Atlantic may be a little more subtle about their approach yet while they're reporting news that affects everyday lives, you're reporting on news that affects consumers. Journalists are, by definition, reporting on news events that concern the common citizen. Game journalists report on events that affect the gaming consumer. Same thing? Maybe. Same principle? I'd say so.
My answer to anyone buying an Xbone is, and always will be, is "it's anti-consumer." Thank god for Jim.
(I'm also vehemently against the ideas, ie online phone home, that Microsoft has adopted. No matter how little I'm actually off the Internet, I don't want it. Period. If my principles fail me then I don't know what else I've got.)