Microsoft’s enhanced Xbox One, codenamed Scorpio, isn’t scheduled to come out until the 2017 holiday season but that doesn’t mean we’re not excited to get our nerdy little hands on every detail released up until launch.

The most recent news come to us from Xbox boss Phil Spencer who is very confident that the new iteration of the gaming system will be ready in time. Yesterday when asked via Twitter about the possibility of the console being released early, Spencer said he’d been in a day-long meeting with the Scorpio team and that they are making “Amazing progress”.

I'm in a day long review of where the team is on Scorpio right now, amazing progress and we are feeling good about schedule.

— Phil Spencer (@XboxP3) October 24, 2016

In an interview earlier this month Spencer also implied that the team overseeing project Scorpio was in fact ahead of schedule when he said that development is going “really well” and that they’re “a little ahead of plan” with regard to hardware timelines. This is very encouraging news, especially with the head of Xbox marketing Aaron Greenberg among other Xbox execs claiming that the Scorpio will be a “beast” and “the most power console ever made.”

Diving a bit deeper into specs and their thought process with regard to development strategy Spencer said the following:

“There is a lot of time to go, but we feel good about how the things are coming together. The teams understand the performance spec that we’re building. We went through some of the high-level specs at E3 in the video. And it gives the teams time to make sure that they’re targeting that performance for their games. Luckily so many of both our internal teams and partners are also building on PC.”

“So it’s not hard for us to say, ‘Okay this is the PC spec that you can expect with what we’re building on Scorpio,’ so it allows them to make sure they have the assets and capability to deliver. Since we’re focusing on a box that can support true 4K and a 4K frame buffer and a lot of PC games already support that; it’s not a new language or asset base for them in terms of things that we’re asking them to go do. I’m also pretty confident in the content lineup that we’ll see.”

Microsoft expects the Xbox One S and the Xbox Scorpio to be on the market at the same time and with that you can count on a difference in performance as well as price. The Scorpio console is already being marketed in terms of phrasing such as “premium console” and “high end”. We most likely won’t hear anything regarding price points anytime soon as Spencer addressed this when he mentioned “we’ll talk more about pricing as we’re cutting it closer to the launch.”

Are you excited for Microsoft’s premium Xbox One? What are the features and specs you’re hoping to see? Join the conversation in the comments below and remember for all the latest updates on Project Scorpio keep a tab opened on Don’t Feed The Gamers.