They are stupid, they think that the Lost Frontier is made by Naughty Dog, forget that it is primarily a PSP game and ignore Uncharted 2
Anyway, it concentrates on showing off games that are already announced, Nintendo and M$ haven't really announced much, so it is going to be tough for them to appear on there, but I am excited about products from most of them, but Konami should not really be there, as only 1 product will be exciting, and that will be at Sony's press conference
Also, they should be getting excited about Lionhead's announcement