Yes, I do so see your point here. But, I still can't help feeling that I yet haven't seen anything (?) that have impressed me on the X-Box... when compared to a fat PC it doesn't do much, and overall I think the lack of games and the quite often crappy programming of the games that makes them lag so tremendously much (I do prefer a game that run at a stable 15 FPS than a game that runs at 60 FPS but then suffers from these -20 FPS slowdowns at an annoyingly frequent rate... Halo, for example, isn't really the most pleasurable game to play if it is smoothness one wants) makes it for me an uneccessary investement.
I think of the X-Box more like a possible little cheap computer to install stuff on and run as a server... play around with Linux, emulators and stuff on. But, in the end, I guess it is a matter of taste. Besides, I wouldn't want to support Microsoft to the extent of buying the console (yeah, maybe second-hand, since no money is going back to them then).
Oh well.