During the last summit (in 2008), all the announcements were made at the Japanese one. The American one unveiled nothing and featured less than 10% (or so) of all the games that were present at the Japanese one.
The fact that there's no Japanese conference this time is an eye opener. It will probably be just what Iwata told their investors, minus a good chunk of the stuff.
Proud poster of the 10000th reply at the Official Smash Bros Update Thread.
tag - "I wouldn't trust gamespot, even if it was a live comparison."
Bets with Conegamer:
Pandora's Tower will have an opening week of less than 37k in Japan. (Won!)
Pandora's Tower will sell less than 100k lifetime in Japan.
Stakes: 1 week of avatar control for each one.