Xbox One launching at $499 this November; limited edition for reserving

Start saving your pennies, as Microsoft has announced that its shiny new Xbox One will cost $499 when it launches this November. Reserving the console in advance at certain retailers will "guarantee" you get a "limited-edition commemorative bundle" on launch day. Reserving certain launch games gets you extra stuff too.

The Day One bundle comes in black packaging with a "limited edition" Day One controller. Yes, it's just a fancy box and a controller with the words "DAY ONE 2013" on it, but it's special.

Xbox One will cost $499 in the USA, £429 in the UK, and €499 in Europe. That's packing a 500GB hard drive and one controller, along with a 14-day Xbox Live Gold trial for new members.

It'll launch across 21 "markets", though exactly which ones and on what day are secrets for now.

Game reservation bonuses! Ryse offers an exclusive multiplayer map and sword, Forza 5 has "access to four cars tuned to the top of their class," Dead Rising 3 gives Frank West and Chuck Greene "Tribute Packs", and Kinect Sports Rivals has exclusive sporting gear. It's fluff, certainly, but pleasant enough I suppose if you'll be reserving any of them to pick up at launch anyway.

So, when will the PlayStation 4 launch and for how much?