Aside of the 24h internet thing, this console is opening massive posibilities.
1. You can now share all your games with top ten friends immediately, they can play any of your games in his own Xbox and his Own Account, they can play the game even if you're playing it, a huge advantage compared to the old fashion way (lending the physical game) in which you could not play the game in the meantime.
2. You can now share your games with friends living far away from your home, even living in other cities or states.
3. This feature can save you money, for instance you can buy Bioshock and your friend buy Halo 5, now you can play two games for half the price.
4. No more disc being scratched, trips to actually lend the game, friends keeping the game too much XD.
4. overall you would have acces to many more title for a fraction of the money.
5. Xbox Cloud system could become in a new steam, with amazing offers.
I remember when steam started, a lot of hate was spread too.
So just saying, is not that bad, is actually, pretty good.
EDIT: Giant bomb page Won't let me post anymore, sorry, it says i've just reached my posts limit XD