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Your welcome to provide an educated guess. Heres mine.

- Open with Halo 3 ODST gameplay. Announce a September release.

- Sales data. 31 million shipment figure and approximately 20 million LIVE members.

- 3rd party showcasing: Bioshock 2, Assassins Creed 2, Lost Planet 2, Dead Rising 2, Modern Warfare 2.

Very real possibility of announcing 360/PC or 360 exclusive DLC for any of the above games.

- Second GTA4 exclusive DLC briefly detailed and shown. November release date.

- Xbox Live Arcade. New exclusives announced. Perfect Dark headlines with LIVE multiplayer and refines controls/graphics.

- Casual time: 360 motion accessory announced, to be bundled with Your in the Movies 2. Scene It 3 and Lips 2 also announced.

- Exclusives and console exclusives: ABP, Splinter Cell Conviction, Alan Wake, Forza 3,  Mass Effect 2.

- Possible exclusive announcement from Rare and Lionhead studios

- Guess of end of show MEGATON: MGS4 360 with bonus content and/or FFV13 going to 360.