XBox One fans rejoice! Microsoft has officially come off of its harsh, immovable stance on DRM and Internet connectivity. The company announced yesterday that there will be no requirement for a daily Internet check in and no restrictions on used and borrowed games.

Paul Tassi at Forbes summed it up this way:

"An Internet connection will not be required to play offline Xbox One games - After a one-time system set-up with a new Xbox One, you can play any disc based game without ever connecting online again. There is no 24 hour connection requirement and you can take your Xbox One anywhere you want and play your games, just like on Xbox 360.
Trade-in, lend, resell, gift, and rent disc based games just like you do today - There will be no limitations to using and sharing games, it will work just as it does today on Xbox 360.

In addition, they've done away with region locking, and it should be noted that these changes come with a price."

Another Forbes rep, Nigam Arora, was quoted as saying that:

"The biggest losers from Microsoft giving in to gamers' demands are game publishers such as Electronic Arts (EA) and Activision (ATVI). The reason is that the gaming publishers do not get any portion of the revenue from the used games. Electronic Arts is set for a quick trade from the short side on this news."

The only other real complaint from customers was the price of the console, which is a full $100 higher than their competitors over at Sony. The Playstation 4 will be released at $399 and the XBox One will be released at $499.

It will be interesting to follow these developments as both console get closer to their street dates.