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Based on sales think it is safe to say nobody really gives a monkies about Resistance 3, Killzone 3, Motorstorm 3, LittlebigPlanet 2 etc etc, in the realms of big games they are nowhere near it. Feck Halo 3 sold more then all their prequels combined!

No megaton announcements either. Sony are 3rd in sales, nobody is going to jump ship to them and miss out on 30m+ sales, especially big franchises in america where 360 is at double the sales of the PS3.
Think about it. 12 months ago Sony lost two of its biggest franchises in Metal Gear Solid and Final Fantasy.

Where as it is possible Microsoft could get exclusivity to some franchises such as GTA, they did it before, they can do it again.
Last year Sony had their best E3 showing for years with the pruce cut and new model.
This year will see MS do the same thing.

E3 2010 in my opinion will probably be the last big one this gen.