First, there was Xbox One. Then, there was Xbox One S. And on November 7, there will be Xbox One X. That’s right, Microsoft, has given the next version of its game console a name that sounds almost exactly like the last one….

Previously known as “Project Scorpio”, the Xbox One X is the second upgrade to the Xbox One since the original Xbox One hit shelves in 2013. It’ll play all the same games as the Xbox One and Xbox One S, but it comes packed with some vastly upgraded technology that’ll let it optimize games for 4K TVs. And despite the power under the hood, Microsoft is calling the One X “the smallest Xbox ever.” Design wise, it looks a hell of a lot like the Xbox One S, but hey, I believe ya Bill.

The company promises the entire Xbox One library “will look and play better” on the One X, with some extra visual benefits, plus better loading times, coming to released before the new system.

According to Microsoft, the One X will also benefit the many players who’ve yet to move on from lame old 1080p TVs. Games that are designed to run in 4K will use “super-sampling” technology to look a little better on lower-resolution TVs.

The console is set to hit shelves on November 7, in time for the holiday rush, at a price of $499. That’s $100 more than PlayStation 4 Pro — Sony’s own beefed up PlayStation 4 console that launched in November last year.

Here’s the whole release, if you have 2 hours to spare….