Dunno what that means, but sounds expensive! Eurogamer placed it the $450-500 mark I saw.
Sure E3 will tell us more.
I can't get excited about press releases like this. Power doesn't equate to a decent idea and execution. Until I see some interesting games, Xbox is in a distant third place for me.
Square Enix already saying they're not likely to specifically develop for it and see more potential with Switch. (An indie came out today and said Switch, when optimised, is pretty close to a PS4 spec. Which I'd not heard before.)
Given the cost of development - and failure - for these blockbuster titles now, I wonder how many developers right now want more polishing and legwork to do. A mediocre launch of something like Dishonored 2 can spell the end of an entire studio these days...