The next Xbox console will play all your Xbox One games. It will also play all the original Xbox and Xbox 360 games that your Xbox One would play, and it'll work with all your Xbox One accessories.
Indeed, Microsoft confirmed that the new Xbox Elite Controller Series 2 — a $180 premium controller for the most discerning gamer — will be compatible with both the Xbox One and Project Scarlett.
"Your games, your achievements, your progression, your accessories — your console gaming experience with Xbox? It all comes forward with Scarlett," a Microsoft Project Scarlett staffer says in the intro video.
Given that, and given how popular some games are with current-gen console owners — think "Fortnite" and "Minecraft" — a big question is whether those games will work across game console generations.
It sounds like the anser is yes.
"At the highest level, if you talk about these games that have such massive communities today, a lot of those developers and studios are going to want to think about how they grow their community — not take it to zero and rebuild it," Xbox head Phil Spencer told Business Insider in an interview on Sunday evening.
Spencer said he didn't want to speak on behalf of any developers, but that the concept philosophically "fit right in" to the company's vision for the future of Xbox.