Is E3 really necessary in our day and age for the big 3?

[Chark]

E3 is very important press, investor, and consumer event. Not playing ball means you aren't in the game. Unless they did an immaculate job with the press at the Nintendo booth this will not bode well for them. Press coverage of a big 3 booth is what the press does anyway, so I'm not sure what Nintendo is thinking. This might shake investor strength.