that's a very original point of view, I expected you would comment on how fugly it is, which...it is. If you expect something more realistic...
The look doesn't appeal to me, which I sort of lumped into not feeling the love.
More random thoughts:
Subjectively, I feel that a premium product with Microsoft's positioning it as a more brawny isn't represented well by the fin sandwich, and the relative depth of the lowest layer and topmost layer gives a sort of overbite look. The font and typefacing looks pretty irregular and inelegant, the wispy top logo doesn't impress and would likely be obscured or barely seen in that position.
I don't know if I'd like the number of light sources, the distance they cover, and the multiple planes of annoyance or light pollution they provide either (top, perimeter, logo bump). The contrast in a daylit picture makes it look like it'd be a glaring annoyance in a darkened media situation.
The fin looks like it's just an annoyance that takes a box of given dimensions and just makes it more awkward to size. The kind of lobed appearance doesn't look as "strong" to me in a product that is positioned as a king-of-the hill device.
The bump on the fin makes it look even more toylike, its apparently blocking the safe use of the drive aside.
Even without the bump, the slot and loading area make it look like if you want to put a disc into it from the front of a shelf or media center, the whole thing would have be to positioned rotated at a weird 30-40 degrees from every other thing on a shelf or media center. (edit: the clipped back corner seems to reinforce an expectation for this impractical and discontinuous positioning)
I think the button on the side is an eject button, which makes it kind of off-plane for the drive--don't know if that's much of an objection. If that makes the bump a power button, it's right in the loading area where one can scratch, warp, and then power the console off with the disk stuck halfway.
I do not like the look of the controller, but I would need to put more thought into the ways I don't.