Wrong. The Internet explodes because Microsoft, already in a bad spot image-wise, puts on a show with about 3 cool games in a sea of unoriginality, completely neglects to assuage people's misgivings re. the used games debacle, and somehow feels $499 is a justifiable price point.
I just did the smart thing, fired up my calendar and added all dates and times for the various shows I'm going to follow this E3 (between Giantbomb and Gametrailers). Now my calendar has like 30+ new entries across three days...fuuuuu!
But it's AMAZING! E3 fellas, can you feel the excitement in the air?!