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DarkD - Sony may be loosing a lot of exclusives, but the games are still coming to the PS3, whether it's exclusive or not doesn't really matter. All that does matter is that the games that were exclusive and now have lost exclusivity will have the PS3 as a lead platform and then ported to the 360 (it would be stupid to do it the other way around).

It may affect number of sales, but once you've actually got the console it doesn't matter as much because you figure that you're still getting the game. And most probably the better version of it.

Microsoft pulling a rabbit out of it's hat this year at E3? I don't think they will do anything major, as they probably want to keep the limelight on Halo 3 and them RPGs that MrStickBall talks about.