The New Xbox One Experience is available today to all Xbox One users. The new update also introduces backward compatibility to the current-gen systems.

It's the 12th of November and that can only mean one thing: the New Xbox One Experience update is live. The download is becoming available to Xbox users all over the world and will be just under 1.2 GB in size.

Not only does the update allow for backward compatibility, which should be available within a few hours, Microsoft claims it will also make the Xbox One's dashboard around 50% faster. The update is also aimed at improving the party chat and messaging features of the console, as well as including a whole host of additional features and system improvements. According to recent patch notes, Microsoft have been working on fixing playback issues that many users have experienced when streaming video from applications such as Hulu or Netflix.

Kinect is also seeing some changes with its gesture control system being dropped completely. The control system previously allowed Xbox One users with the Kinect system to navigate their dashboards with their hands, scrolling and selecting items without the use of a controller. Now though, this feature has been removed, reportedly in place of improving the UI and prioritizing other components that Xbox users have been wanting.

The Xbox One's eagerly-awaited backward compatibility feature will allow players to access a library of 104 Xbox 360 titles, the majority of which were previously not available on the current-gen console. This addition to the Xbox One marketplace improves the amount of games available to download by an impressive 27%, the total number now reaching 450 titles.

Despite this increase, the PlayStation 4 still has more games on its online store with a current total of 521 titles available. The gap may soon be closed however, as Microsoft plans to add new Xbox 360 games to its online roster, beginning in December.

Some big names that are now available to Xbox One users include: Assassin’s Creed 2, Mass Effect, Borderlands, and the Gears of War Franchise. If you haven't yet picked up your copy of Bethesda's newest title: Fallout 4, you can do so over the Xbox Marketplace and receive a free copy of Fallout 3 to go with it.

Bethesda isn't the only company to take advantage of the backward compatibility feature in their marketing as Ubisoft are currently offering a deal to players who pre-order the upcoming Rainbow Six Siege, packaging in both previous Rainbow Six games as an incentive to buy. Pre-ordering Just Cause 3 or Gears of War: Ultimate Edition allows players access to similar deals.

What do you think of the New Xbox One Experience? Leave us a comment and let us know.

The New Xbox One Experience is available to download now.