Microsoft Xbox One launching in November for $499

By Ural Garrett , Updated Jun 10, 2013 02:29 PM EDT

Microsoft kicked off E3 2013 press conference its conference with a trailer for Metal Gear Solid 5: The Phantom Pain that's coming to Xbox One before announcing its launch at $499 in November. 

"It's all about the games," said Microsoft's Dol Mattrick.  

The trailer for Metal Gear Solid 5: Phantom Pain incrementally sped up to showcase new stealth, driving(both vehicle and horseback), weather and time mechanics. 

Though the Xbox One was the focus of the event Microsoft revealed a new, sleeker looking Xbox360 that comes standard with Kinect. The new Xbox 360 is available today. 

Gold level Xbox Live members will be able to download two games a month and the first  games ready for download include Assassin's Creed 2 and Halo 3. Those same gold level memberships will also carry over to the Xbox One.  Three Xbox360 game trailers for World of Tanks, Max: Curse of the Brotherhood, and Dark Souls 2 were shown. Xbox Live will also see a rise in the number of friends one can have and anyone in a user's home can enjoy multiplayer benefits. Microsoft also confirmed rumors of switching from Live Points to real money. 

When it came to the Xbox One, many exclusives were announced alongside stage demos running real time on Microsoft's next-gen hardware. 

Cryteck's Xbox One exclusive Ryse: Son of Rome was the first demonstration of a game set in ancient Rome. Ryse: Son of Rome looks to take inspiration from the epic battle feel of Call of Duty blended with melee combat inspired by God of War. Ryse: Son of Rome also features squad commands and Smart Glass usage for single and multiplayer.

Rare's Killer Instinct series will also make a return to the Xbox One in 2014 and have a fight stick from Madcatz at ready for purchase at launch. Killer Instinct was also used to debut Microsoft's partnership with Twitch that will be built into Xbox One. Twitch sounds like Microsoft's answer to Sony's "Share" feature. 

Insomniac games will be moving to Xbox One with Sunset Overdrive. Much wasn't revealed 

The biggest new gameplay feature for Forza 5 demoed was a "Drivatar" feature that will have the game's A.I. learn player's racing style. While not playing, the "Drivatar" will be able to race against anyone online. Opponent racing A.I. Will be made up of other "Drivatars" from around the world for "delivering real human behavior."

Other gameplay demonstrations included Remedy's Quantum Break, D4, Dead Rising 3 , Battlefield 4 and Microsoft's answer to Sony's Little Big Planet entitled Project Spark. Microsoft also announced Black Tusk, Minecraft: Xbox One Edition, Witcher 3 and Crimson Dragon. 

Microsoft took time to revealed a new core Halo title for Xbox One that will run at a full 60 fps before closing the show with a full demo of Respawn Entertainment's Titan Fall. Titan Fall looks to blend the fast paced multiplayer movement of Brink with human vs. mech battles.

GameNGuide will have give more information on the Xbox One from the E3 floor later on today. 

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