Xbox One E3 2013: Watch Microsoft's Live Stream Here [VIDEO]

A little over more than hours from now, Microsoft will kick off its E3 2013 press conference, which is slated to begin at 12:30 p.m. EDT. Click here to watch the live stream.

The Redmond, Wash., company is expected to disclose additional Xbox One details -- the entertainment console was first unveiled last month.

When Microsoft first took the wraps off the Xbox One, the gaming world was polarized. Some marveled at the console's design, which is a strong attempt at taking over your entire living room by combining a gaming system with TV features that allow you to take Skype calls or check fantasy sports stats while watching the game, switch between music and movies, and more. Others were turned off by the presentation's lack of gaming emphasis as well as the confusion surrounding the Xbox One's stance toward used games and always-on connectivity.

Since then, it has been confirmed that the Xbox One will require an Internet connection to check in once a day. While gamers will be able to trade in used games, you'll only be able to give away a used game once and the person you give it to has to be on your friends list for at least 30 days. Many gamers are unhappy with this policy, which restricts what they can do with their property.

So that's where we are at this point with the Xbox One. Could Microsoft announce new Xbox One details that could get gamers back on its side and keep them from fleeing to the PS4? Find out by tuning into Microsoft's E3 2013 event.

What do you think of the Xbox One? Will you be buying one? Why or why not? What announcements do you think Microsoft will make during the event? What Xbox One issues are most important to you? Sound off in the comments below.