Guess what's old news? To everyone who said, "Those damn game consoles that double as entertainment hubs," go ahead and reward yourself with a three-day vacation to beautiful Cabo San Lucas! Or something. Look, the Xbox 360 and PS3 nailed multimedia in the current generation, and for the next generation to truly shine, we're going to need something new.
Plus, gamers are nothing if not an entitled bunch, so they're already taking for granted that next-gen will stream Netflix and Hulu, hook up to Facebook, have Web access, and so on. Dedicating any time beyond a handful of sentences to the Xbox 720's non-gaming related features is going to be wasted breath. And given Sony's strong PS4 showing, Microsoft can't afford to waste its words.