Sounds pretty terrible.

All those negatives you mention don't have any effect on me. I haven't bought a used game in years. And don't even get me started on the type of person who would be paranoid by the kinect monitoring their every move.
The fucking gaming community is terrible.

Warning- Do not taunt XBox One

Maybe this is a bit off-topic, but when and why was playing video games all day given near-legitimacy by labeling those who do as "gamers" instead of continuing to refer to them by the not-broken and much more accurate phrase: "sloppy asses who play video games all day"??

And, yes, i grew up playing them; and, no, i'm not old (pushing my mid-thirties). But somehow i grew out of them. And even if i hadn't and still played for hours a day, i still wouldn't be able to refer to myself as "a gamer" with a straight face anymore than i would be able to seriously refer to myself as "a mono-pleasurist" instead of a "disgusting monkey-pig-dog who can't keep his hands off himself" if i were into jerking off for 6 hours every single night.

When Fable 4 comes out, will I only be able to play it on the new X-Box, or can I still use my faithful 360?

Yeah I have no qualms with the "used game market" taking a shitdive, considering the company I won't name that has all but cornered that market treats their employees like dog shit. Personally, I'm all for content going to fully digital download, and hope that eventually the consoles head down that road.