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I'm they'll be plenty of games but I'm inclinded to lean towards the rumour that much of their first party software is behind schedule. If sony could afford to show 5 exclusives and still have more left for E3, I sure microsoft could have made yesterday a tad more eventful whilst still leaving plenty to be revealed.

I expect we'll see:
-2 rare titles
-Ryse from crytek
-Black Tusk's game
- Some Kinect orientated stuff.