Yeah it makes sense, just want it called Xbox and have series names and have them all BC going back to the beginning, and hardware works going forward until it is too under powered ala PC, and try to go generation-less.
I still wonder if it would be better to call this Xbox Series 4, as in their 4th generation. Then if there is new hardware in a few years, call it Series 4X or Series 4 Slim or something like that. Then when there is a large leap (essentially a new generation, like when PS6 comes out), call it Series 5. Or even consider the X as a 4th series as is since it was a drastic enough increase from the original XO, and call this Series 5 (to cheaply be on the same number as Sony so some clueless people just getting a console for kids say PS5 or Xbox Series 4? 5 is bigger!)
As is now, what would be next? Series Y? Series X2?

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