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Microsoft - or more specifically Phil Spencer - has announced the final launch date for the New Xbox One Experience (NXOE - or the new dashboard, to the layman) and backwards compatibility for all Xbox One owners.

Previously, both new pieces of functionality were available only to those in the Xbox One Preview Program, but speaking on a stream supporting the Halo 5: Guardians launch, the full rollout will happen on November 12th for all users.

At this time, the full list of backwards compatible games has not been confirmed, but we'll bring you the entire lineup just as soon as we find out what it is. We're relatively sure that Burnout Paradise will be added to the list, based on tweets from Criterion's account, as well as numerous Microsoft first-party titles.

The New Xbox One Experience should roll out to your console on November 12th without you having to do much of anything if you're in Instant On mode. Folks who have Power Saving mode enabled may have to head into the Settings menu and force an update check.