Today is the day that’ll shape the future of Microsoft’s newest console, the Xbox One. Reaction so far has been less than enthusiastic, with news of used games being limited somehow, required internet connections, privacy and Kinect, and a complete and total lack backwards compatibility, even with XBLA games. Microsoft said that this conference is all about software. What will they show that will sway the public opinion of the Xbox One in the right direction?

The press conference will begin at 12:30PM EST. The above embed is a live reaction of us watching the conference.