There are so many things wrong with the Xbox One that I can't even make a comprehensive list.
The console region-locked AND IP-locked. You can't import. You can't share games, you're forced into Kinect, and you're forced into frequent Internet connectivity. I'm not buying it under any circumstance.
Yeah. They lost me at "You don't own what you buy," and (my favorite), "The XBox One will cease to fulfill its primary purpose (most other devices call this malfunctioning) if..." Come to think of it, they lost me at a lot of things. I guess now we can actually hope that Project Im@s continues to stick with Sony.
... While I'd normally say that we should just wait until everything's known and make our judgments from there, they'd better have the persuasiveness of Phoenix Wright and Miles Edgeworth put together to convince me otherwise at this point.
EDIT: Ranted, did I? Yeah, maybe stepped over a few bounds, but eh. Let's get food in my system, that'll make me feel better.