It was underwhelming because there were no bombs and thus no hype. Everything was predicted months ago: Everwild being BotW Xbox, Halo being Open World with Atriox as the new big bad (gg Cortana), Fable being the PG action game and trying to go for a FF aesthetic, Hellblade being awesome and Obsidian wanting to outTES TES and Bethesda.
No blindsides whatsoever. Someone should tell Phil to drop a big boom next conference or delay the next until a whiplash triggering reveal happens.
OTOH I really like the look of The Medium. I really want to play that one... also Stalker because I need me some Stalker.