(Update: It's now a real thing. Read all about it here!)

Also, our sources say that the features mentioned in the leak are on the mark. This system will support both 4K video and High Dynamic Range content, making it a good complement to your brand new TV. You'll also get that cavernous 2TB hard drive, a "streamlined controller" and a vertical stand for showing off. The big mysteries are the release date and price, although it's reasonable to presume that the Xbox One S will cost considerably more than the $299 you pay for today's 500GB model.

Update: In response to the rumor, a Microsoft spokesperson had the following to say:

" ¯\_(ツ)_/¯ "

Yes, really.