Play games. -- But 'offline ones' -- Not really into the multi-player online stuff, makes no sense to me.
I rather chill in person with my friends, we throw up the 300" screen, grab something like NHL, some beers and have a good time shooting the puck and talking shit, and getting drunk.
That is true multi-player.
I guess I am old-school when it comes to gaming. -- Even single-player ones don't have to be boring by yourself, invite some friends over, and play a good game together, if you die your friend takes over, or a two-player racing game, take turns, see whom drives better, etc.
All this online stuff, just extra, not really needed.
As for media, only time I used an Xbox for media was the Xbox 1 and XBMC, otherwise I run a HDMI cable to my PC and enjoy it directly, no messing with files, usb sticks, and network setups.