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Well we know nothing of Nintendo's second half so they'll have to tell us sooner or later - why not at E3? The other reason is that E3 is huge this year, just like 2006 and if you have another look at 2006 you can see that Nintendo's Press Conference was amazing. Also they apologised for last years performance so they won't make that mistake again.

Of course there's also the fact that the speculation would be boring if people didn't do just that - speculate!