Console's being the missing link in cord cutting?

Got into the Beta for the Metro based Xbox UI. its really good and the kinect voice controls mixed in conjunction with bing search work well. Now with the 360 getting Youtube/HBO GO/IPTV and Verizon Fios could this or a next gen iteration be the missing link in cutting the cord. 

 

I don't have cable right now but I use Netflix and the espn3 app for sports with any show on cable I want to watch i use a Zune Season pass. 

 

So could this be what we were missing.