Do you think there will be a time when you can stream any game you want to your phone,...

The Backwards compatibility program has ended and the team has likely been disbanded. You can create as many petitions as you like, (but you can't post them here) but nothing will change this position.

I'd be ok with them taking as long as they needed to be honest. I for one am sick of the updates/conversions/etc. being churned out faster than they should be to only have my creations wrecked out because they didn't test them long enough and rushed them
to market.

I have a world I've been working on since the beginning. In that time, I've seen plenty of amazing updates that have added to the enjoyment of the world, but on the flipside, I've seen some destructive side-effects as a result of the various rushed updates.
Since I save that particular world for strictly survival, I do not cheat and add things via creative mode. Everything in that world is built the old fashioned way through long tedious mining and work.

Granted I'm aware that there are some updates that may render my particular world out-dated (such as for example, the fact that I do not have villages or villagers by default because it pre-dates them, something I'm hoping will be remedied once I bring that
world onto the Xbone and it is forced to generate a larger play area) but then there are the game breakers (or rather annoyers) like how I'm still repairing doors and chests all around my world from the last two updates that saw large chests broken and turned
black until I replace them into the environment, and doors throughout my kingdom all misaligned allowing the safe passage of all manner of creepers and zombies into once safe havens. If they would have just taken a bit more time to address issues like that
those types of issues might have been avoided.

There is also what I like to call the "Frozen" plague that has suddenly infected my world as well. Prior to the last update, snow or any frozen environment, simply did not exist in my world. As a matter of fact, my biggest attraction, the castle I hand built
after scouting out prime beach front property to place it near, is now slowly being over-run by snow and ice! The ocean view is now a solid block of ice and snow over run with snow men. (When Minecraft throws you lemons...) and while it was an interesting
and quite curious event at first, it has now become an all out priority to save the world as every time I enter my world the snow has creeped just that much further north! The ocean is slowly becoming solid ice, the castle is little by little beginning to
see snow fall every now and then, and the sandy beach front is covered in snow. It's all I can do to try and battle the weather! I've made the acquisition of glowstone and torches a priority in the kingdom. The tree preserve has been turned into a wood factory
to churn out wood to make torches that help battle the cold and it's been all I can do at this point to stay ahead of the impending snow and ice that threatens my kingdom and soon the entire world. I'm hoping that once I bring it over onto the Xbone, that
somehow I can manage to get ahead of it and build a great big wall of glowstone and fire to perhaps hold it at bay.

Still, I just hope they don't rush this version and it ends up further breaking things.

i think it will take a few more weeks

My 360 is gone ,and minecraft hasn't gotten here for the One ! How did this happen ???

I just turned the game back on the xbox 360 getting it set up for the one. I cant wait. hopefully i dont burn myself out before it comes out again