Alright, so I just watched the first part and there's nothing huge there.
The biggest points are:
PlayStation 3, PSP and PlayStation Network are the big points of the conference.
There are 68 games Sony has/had at TGS, (all? some?) of which are playable.
One title mentioned was Monster Hunter Portable 2G.
A video shows off the 80 GB Models we already have in America but apparently they don't yet have in Japan.
The pricing is essentially the same as in the US with these models. About $399 (in yen, obviously) for the
80 GB models, which come in three colors, Clear Black (same black color as US), Ceramic White, and Satin Silver.
They come packed with a same-colored Dualshock 3 controller.
They also showed off a Japanese LittleBigPlanet Bundle, which came with the 80 GB PS3, a Dualshock 3 and LittleBigPlanet
for (approx.) $449. Edit: There was also mention of more interesting PS1 titles new for Japanese PSN.
