Does it matter?
They clearly only care about the US market at present. 50% of the reveal was dedicated to something that only works in America.
On a side note, good to see my 120mbit connection is better than average lol. Still wouldn't fancy it's chances getting the "cloud" from America in time to make my game better.
Doesn't Microsoft have servers all over the developed world?
I still don't understand why tv doesn't work in Europe. Are there not tv boxes with HDMI out from cable, satellite or IPTV? Is everyone on OTA?