Stream is up.

Already 7k+ viewers currently.

Holy shit Inafune is making a tank game about killing bugs. Hope they put that on the eshop fast.

My summary:

-Starts with a new Mii game for eshop? Iwata enters as Mii and explains the game.

-Soon transfers to his real self and talks about it some more.  Comes out April 18th.

-Zelda Oracle of Seasons/Ages coming for VC on the 27th of this month.

-Shaun the Sheep eshop game?

-Professor Layton video

-Youkai Watch video

-Puzzle game video, game comes out the 28th of this month

-Dragon Ball Heros video, game comes out the 28th of this month

-Super Robot UX video, comes out March 14th with a 3DS XL bundle

-Castlevania: Lord of Shadows video, comes out March 20th

-Guild 2 video, download? comes out March 1st

-3 other Level 5 games shown, no idea what they are

-Shin Megami Tensei IV video, coming out May 23rd with 3DS bundle

-Monster Hunter 3G tri?  Something about downloading to 3DS from Wii U?

-Monster Hunter 4 video

-3 3DS preview videos on eshop?   one is castlevania

-Dragon Quest X 1.3 update

Dang! Shin Megami Tensei IV looks bloody great!

Not exactly an overwhelming Direct, but nice to know stuff is still coming.