I'm disappointed, especially because I thought Sony's presentation for PS4 was not impressing and I thought Microsoft would cash on that. With these confirmations, I'm more and more thinking about going back to Sony, after having been a XBox player for some years.
There are two requirements: you can only give them to people who have been on your friends list for at least 30 days and each game can only be given once.
I always bought consoles because I could borrow games from friends (and obviously, lend them some), and sometimes borrow games from unknown friends through known friends.
[...] game publishers can enable you to give your disc-based games to your friends.
I don't think game publishers will actually go against game lending, but that's still another requirement for lending games.
So it seem they've either been lying to us about how the game licensing worked, or more likely, they changed their plans after seeing the backlash.
I don't think they lied to us or changed their plan. Everything they said during the X-Bone announcement day was hinting to such a license system. Let me quote myself:
As hemmingjay just stated, there will be no fee when buying a used games, but what he did not say is that games will surely be bound to account. It stands logical than in order to lend a game to a friend or to sell one of your games you'll have to unbind the game from your account. This also means that you'll have to create an account to play games on an X1, and also that you'll need an internet connection the first time you'll play a game (and actually, maybe each time you'll start one), because the console will have to check if the game is not already bound to another account.
My speculations may actually be wrong, but that's how I understood the whole thing. I hope I'll be proved wrong.
[Edit]
Some quotes from Phil Harrison, on Eurogamer:
We will have a system where you can take that digital content and trade a previously played game at a retail store. We're not announcing the details of that today, but we will have announced in due course.
Our goal is to make it really customer-centric, really simple and really understandable and we will announce those details in due course.
Xbox One requires an internet connection, but it does not need to be connected all the time