Is this the canary in the coal mine as far as the health of the industry is concerned? Has it been a long time in coming? Were there avoidable or unavoidable factors leading to its demise? Is everyone so enthralled with passing along rumors about the PS3 that no one is interested in real, significant news when it happens? For what it is worth, and having attended the past 8 shows, I thought that E3 was becoming less relevant with each passing year. Those with real business (buyers, mostly) did it off the floor. Media covered the show because it used to be the major forum for announcements...but then came the rise of the Internet and an increase in "pre-E3" events that stole the thunder of the real deal. More and more people crammed the convention center--so many that it was impossible to get from place to place easily, and when you got to where you needed to be, you could barely hear the person you were meeting with...let alone getting quality time with a game. It has always been a colossal waste of resources for the publishers and manufacturers, but apparently that didn't matter when companies were riding the wave of successes. With development costs skyrocketing and fewer successes overall, they need to cut costs. Where better to cut than eliminating the fancy parties and extravagant booths? It was fun while it lasted, but I'd rather spend time in a hotel conference room taking notes at a press conference than being tossed into the sweaty masses.