I've done a bit of research into this console last couple of days and on the face of it, it may seem a very attractive purchase at such a low price however I don't think this is the case. Firstly it's only 1440p and despite the potential 120fps, it's nothing gaming hasn't seen for nearly 6 years and a step backwards for those using the XB1X or those looking for improvement across the board on that.
This is also an all-digital console yet the SSD is only 500gb so expect to be able to store no more than 3 games at a time. There is also expected bottleneck issues going forward, so even with these specs, games may not reach the consoles potential. This means many titles may only be 2K/60 and the unit becomes dated after only a couple of years.
I do think this is great business by Microsoft because it almost guarantees that they get paid off twice because people at some stage will have to upgrade to a XBSX or a future variant. Rather than someone buying the first gen console and keeping it throughout like some that owned the Xbox One VHS version, this format allows them to bait people in and then still get paid off full whack down the line.
This does not bridge the gap between both generations IMO and just like the Xbox One S and the SAD, it's a bloody waste of money. People would be better off saving and sticking with the current gen or taking the full plunge on a Series X.