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Yes, probably ... though it's been a long time since I've been impressed by a Xbox presentation.

 If they're smart, they'll realize what Sony realized, that the people tuning into a stream for a console are mostly gamers. They seriously need to ditch the random actors and children and focus on core marketing. A long demo of Joyride 2 or Kinect Sports would be a big mistake. They should show Kinect 2 off somewhat, of course, but not enough to bore the audience or to display any flaws.

 They should have plenty of demos from their own studios, however, so they should be fine for core content. I expect some to be reserved for E3, though, as with Sony. I'm not sure if 343i will be there or if they'll save their biggest gun for closer to launch.

Third party presentations will be the most interesting. I want to see who showed for Microsoft and not Sony, and vice versa.