http://www.gametrailers.com/episode/bonusround/605?ch=1
Sorry tried to embed but didn't work for some reason.
To summarise, according to Pachter and the crew, this is what we can expect from Sony's E3:
-No new hardware at E3, Sony looking to launch PS4 at fall 2013. Reveal will be next year, perhaps at E3 or sometime a bit earlier.
-Sony will elaborate and show more of the announced exclusives for the PS3 to try and make them reach mass market status.
-The PS VIta will be huge and have tons of games featured. Apparently there are some pretty big titles in there that will get people really excited.
-Sony to perhaps have a price cut for the PS3 to $199 or have a package for $249 which includes the PS3 and the PSN+ subscription for a year.
-Sony will push themselves as THE gaming company that cares about gaming, and not other services.
-Kaz Hirai to come out on stage and shout RIIIIIIIIIIIGDE Racer.