Right, let's get what we know out of the way right now: it will be mandatory to install all Xbox One games to the console's hard drive before those games can be played.
It is unknown at this point, however, exactly how this will affect any sort of pre-owned game use, although a fresh report suggests that players will have to pay a fee if they want to use a disc with a second account.
A report from Wired earlier today quoted a statement issued by Microsoft has explaining that all games will require installation on the Xbox One's hard drive, after which they can be played disc-free:
"On the new Xbox, all game discs are installed to the HDD to play,” the company said in an email.
According to Wired's Chris Kohler, "Microsoft did say that if a disc was used with a second account, that owner would be given the option to pay a fee and install the game from the disc, which would then mean that the new account would also own the game and could play it without the disc."
Microsoft are remaining tight-lipped on the exact nature of the console, and Kohler's piece blurs conjecture and fact rather significantly. However, Microsoft have at least issued a statement, vaguely expressing support for continuing to allow gamers to trade and resell games:
"We are designing Xbox One to enable customers to trade in and resell games. We’ll have more details to share later."
Neither confirmation nor denial. Indeed, tonight event appears to have left us with many of the same questions we had hoped it would answer.
Moreover, given that the European Court recently ruled that digital items were fair game for resale, should Kohler's report be accurate, that could potentially lead to a few legal difficulties for Microsoft's new console on this side of the pond.
More as we know it.