You're talking to an ex-games developer so don't insult me and tell me "read up". Indie games to be executed on them? What on earth are you talking about. A game engine isn't used to develop a game, a development kit/API is.
I'd love to see form of evidence for your " don't mind modding" for...
This is nothing amazing, it's the same as using the Unreal development kit for a PC game; all they are doing is exposing the ability to develop indy games for the console. If you think this will allow you to mod games, you are very wrong.
Big E needs to lose the Intercontinental championship, he's just awful with it and has literally no charisma. Wade Barrett deserves that title, he made the title relevant when he was champion.