I think overall, it's a pretty good conference. I understand the middle part where they need to talk about Destiny, LBP, and You-Be-I Soft's stuff, just to inform the Japanese audiences.
I'm also glad that they focused on Vita for the first part of the conference, Reading thru /r/vita, a lot of Vita owners are pretty happy, although they are wary that some of the titles might not make it out of Japan.
Capcom is... kinda expected, Resident Evil HD Remake HD Remake, and Revelaitons 2. Known quantity.
Square is disappointing as usual. Hey, you wanna know about FFX, what about no, and here's a Dragon Quest Warriors. Plus Square is now the new Capcpom, after Dargon Quest, we get:
Yay for Persona 5 coming to PS4, I was hoping for gameplay trailer though.
Koei Tecmo is getting more and more contract nowadays, seems like everyone wants to make a Musou game nowadays.
We all know after GamesCom that TLG won't be appearing during TGS, I don't really care much about it at this point of time.
We get some trailers about next Ys, and Legend of Heroes!
Fairly solid show, almost like Gamescom, games after games, and I like this format.