Microsoft's recent dramatic Xbox One policy reversal does not include the company revisiting the system's $500 price point, chief product officer Marc Whitten told sister site CNET.

He explained that Microsoft has "no plans" to lower the entry price, despite rival Sony launching the PlayStation 4 for $400.

"We are really, really excited about the value we're going to deliver on day one," Whitten said.

Whitten also explained that Microsoft has no plans to drop the Kinect requirement for the Xbox One or change its default setting from "on" to "off."

"It's part of the Xbox One architecture," Whitten said.

Responding to user concerns regarding privacy, Microsoft said earlier this month that players will be able to customize all Kinect settings and made clear that idle living room chatter is not recorded or uploaded.

Every Xbox One includes a Kinect 2.0 camera, whereas PS4 gamers will need to pay $60 to purchase a PlayStation Eye.

NeoGAF member Cyborg posted the picture below from a Media Markt store in Amsterdam, Netherlands. It pinpoints the release date for the console as November 13, 2013. Others in the thread point to European online outlets that also have the date pegged for November 13, 2013.