Microsoft Reportedly Building "Xbox TV" Set-top Box

According to The Verge, Microsoft is working on Xbox TV,  a set-top box geared towards streaming video services and casual games.

If the rumor is true, the device, said to be a  “low-cost alternative” to Microsoft’s standard gaming console, would launch alongside the next Xbox game console next holiday season.

When asked, a Microsoft spokesperson told The Verge, “We are always thinking about what is next for our platform and how to continue to defy the lifecycle convention.”

Do you think this is a good direction for Microsoft?