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Now this is where I rate the game conference, its not to follow the "Rate Microsoft E3 press conference", its totally my take, and its going to be in detail. 

Now today, we had the Microsoft E3 press conference. And it was pretty good! For starters, we had B/C, which was a MASSIVE SURPRISE, no one was expecting that. We also had a new Rare IP, and a classic collection of games. We had a demo of Hololense with Minecraft, Halo 5 and ROTR gameplay, Gears of War remastered, Gears of War 4 teaser, 2 new IP's, and a bunch of other good looking indie's (didn't really care for them, sorry). Microsoft also launched a preview program where you could play games still in developement. There was more as well, though I can't remember them. Now some people are saying this was disappointing, and I utterly disagree. It was a great conference, solid 8/10, though I feel there wasn't enough time to do everything, so we'll see alot at gamescome. 

As for Sony responding, I don't know. All signs are pointing to a mainly focused 3rd party conference, and while that's not bad, its not going to be surprising. Maybe BO3 at Sony's conference for once, yeah? I also see a 349 price cut, as its going to be almost impossible to top it off, and it'll probably generate hype, though if they still hold out at 399, I'm going to be shocked.