Bwahahahah! Great link Chief.
I happened to be up late working so I had the video streaming on the other monitor. To me it wasn't hugely overwhelming, but it left me about as impressed as the PS4 announcement. That is to say - it all looks cool and sounds promising, but as a gamer I'm still not entirely sure what I'm going to get out of it.
I like that Kinect comes standard in the box - it means developers can count on gamers having it and treat it as a serious part of the console. Especially with the improvements they have made this should allow lots of bits of gaming innovation, both big and small. Same for SmartGlass - with it being integrated in to the console rather than an add-on, it can be treated much more seriously.
The TV features aren't important to me, and I assume that they will work significantly better in USA then they will in the rest of the world, including here in Australia.
I haven't played a Call of Duty game for years, but the trailer for this one did look very impressive.