Just one game from Team Ico, and it'll be some crazy original thing that'll be awesome whether or not it sees incredible sales success, because that's how they roll.

Hoping we get more info on Naught Dog's next project.

Some actual footage of the new Getaway game would be great too.

Lol. We can only hope.

That would be amazing if we saw something from Team Ico.  I'm sure whatever their next game is will be great.

-Price cut for both sku's. Maybe announce a new one as well.

-Demos of LBP, KZ2, R2, Infamous, Motorstorm 2.

-Trailers of heavy rain, team Ico, project, final fantasy 13, twisted metal.

-Home release date and when we can expect in game XMB.

I still don't think Sony can afford to make another price cut till late this year, not if they want to make money this generation.

So the pathetic joke that was last E3 is no more ?

Back to the good old times ?

Okay, in all seriousness I'm hoping for this:

TRICO reveal (if not then it will happen at TGS)
God of War III reveal
Uncharted 2 reveal (or Jak 4, I'd gladly take either)
LittleBigPlanet beta and release date*
Killzone 2 beta and release date*
Resistance 2 release date (maybe beta?)
More info on WKC (NA release date plz)
More info on WarDevil
More info on inFamous

Other things I'm expecting but don't necessarily care about:

Twisted Metal reveal
More info on Heavy Rain
More info on the Getaway 3
More info on Eight Days

*I think it's possible that a beta for KZ2 and LBP could happen prior to E3 ala Halo 3.

Sony's E3 last year was great (the KZ2 reveal was major stuff).  The others were marred only because Nintendo focused on Wii Fit and MS focused on last year's holiday line up.  And the smaller devs just didn't have as much presence as usually.

This year's E3 looks to be a return to form of sorts. 

 lol um didnt SCE post profits last whatever ?

Hardware is getting cheeper, no reason to think that they havent been working on some big new cost cutting measures.