A code name "Keystone" appeared in an Xbox OS list, lending fire to rumours that Microsoft was continuing to explore additional hardware for the Xbox lineup. It now appears that this is a modernised HDMI streaming device that runs Xbox Game Pass and its cloud gaming service.

Word from the Volehill is that the company is exploring additional iterations of the product before taking it to market.

Windows Central was told by Microsoft that the outfit was committed to lowering boundaries to Xbox content via low cost-hardware while acknowledging that the existing version of Keystone needs a little more time on gas mark five before it is ready to be seen.

So while the rumours are true, it does not mean that things are good to go yet.