Xbox One Release Date and Price: Around 12,500 Say Price Matters for XBox

Out of 30,000 IGN readers, around 12,461 readers have said that price matters the most when deciding whether to buy an Xbox One, IGN reported.

"When asked about the most important features in a next-gen console, the 12,461 readers who do not plan to purchase an Xbox One said a system's price is the most important factor (Xbox One carries a $499.99 price tag) followed by exclusive games, graphics, controller design and feel, hardware specs and storage space," said IGN.

However, some 39 percent of the surveyed readers will buy and Xbox One close to the launch or within one year of release, while some 18 percent said that their purchasing will depend on announcements of more games.

Equipped with the second generation Kinect, which boasts powerful specifications, Microsoft described their new console as the "the ultimate all in one entertainment system - one system for a new generation." But with tons of game sharing restrictions, 24-hour online check-in, and a hefty price tag, gamers from all consoles have been frustrated with Microsoft's announcements, and Sony's PSP4 has clearly had the upper hand in the first showdown between the new consoles.

One of the biggest turn-offs for gamers was the abolishment of the Family Sharing feature. This feature would have allowed owners to share digital copies of their games with other Xbox One owners through Xbox Live.

It's no secret that Microsoft did a bad job not explaining the features of their new console. In response to an online petition for the re-reversing of DRM policies, Xbox corporate VP Marc Whitten, told TechRadar that "The thing that's really gratifying is that people are excited about the types of features that are possible and it's sort of shame on us that we haven't done as good of a job as we can to make people feel like that's where we're headed."

In light of the displeased gamers, Microsoft scrapped all the demanding policies that had left a bad taste in gamers' mouths. "I think it's the number one thing I'd want to do if I went back, was have the conversation more open and more complete," Whitten said.

Right now, Xbox One is undergoing some revamping and additional engineering to bring back the Family Sharing feature after dropping the always-online requirement.

The Xbox One was confirmed for November release with a price of $499 USD, though Microsoft hasn't announced a specific date yet. Amazon says it will be on Nov. 27. The only thing that is certain right now is that it won't be released until Nov. 5, as Treyarch announced that its next Call of Duty: Ghosts, will be released after the next generation consoles.