You're right, it's probably not be worth $460 just for one game but I would say a console is a separate purchasing decision in and of itself. If you decide to buy the Xbone eventually anyway, then the true cost of this compilation is a $60 purchase. Ditto for Destiny, that's its own purchasing decision and has nothing to do with TMCC.

: I also need more info. Is there just a straight up Halo 1 playlist? A Halo 2
: playlist? Or am I picking and choosing from a mess of maps and gametypes
: that pop up, praying that the general consensus is that H2 map, or maybe a
: veto because I don't like any of what I see out of H1, 2, 3, and 4? I mean
: what options are they really giving me? Will H3 contain its full Forge and
: film features? Will 343 manage some way to share them like Bungie did
: (unlike the failtacular Halo 4)? Will Xbox One Halo 4 improve any of H4's
: many remaining problems (doubt it)?

It has been confirmed that all the features will be carried over if it was part of the original game; saved films, forge, and theatre for Halo 3 & 4. However they work in each game is how you should expect them to work in TMCC. So if you think the Theatre sucks in H4 then it will be the same. The only thing improving is the resolution and framerate which should help H4 a bit and H3 a lot.

From a fan perspective I see nothing to complain about with this compilation. It includes everything in it's original form with added online, coop, higher resolution and frame-rates for the games which didn't have that.