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Pros

  • Metal Gear Solid (Not a huge fan of the series but it's a great snag for 360 gamers everywhere)
  • Great showings on the previously known games (ODST, Conviction, Alan Wake)
  • New Games announced (Crackdown 2, Forza 3, L4D 2)
  • With Facebook, Twitter, and NATAL, 360 is finally putting serious effort to capture the non-gaming populace. A huge improvement over last year.

Cons

  • With Sixaxis and the WiiMote, Sony and Nintendo used both Demos and Actual "Traditional" games at their respective showings (Metroid Prime 2 at TGS 05 and WarHawk at E3 06). As for Microsoft, they still needs to prove that this can work wonders in the traditional setting (Painting elephants and Krazy Kickball* are alright, but let's see a "core" game being used.).
  • Where's Rare?

Overall a lot is going on the success for NATAL and the games that can come from it. Right now I'm giving the conference an 8.3/10 (I'm very specific!). Solid, but I want to see if all of this potential Microsoft announed today is more than just potential.

*I forgot the name, you know what I'm talking about.