I took your post just as a reference for a lot of others with the same opinion.
Come on now guys, even if it was the "Conker you've been waiting for", it is still just a tech demo only very few will ever get their hands on. You most likely won't even be able to "play" this during E3 or other game conventions. It's a tech demo and they used one of their trademark game characters for it. Was it a clever idea to do so? Maybe not, giving the shit storm here and on youtube, but people condemning MS for using Conker are exagerating.
Fans are hoping for a new Bad fur day, I get that. Others are waiting for a new Crash Bandicoot, Spyro and so on as well. Thing is, the respective marketing departments seem to have come to the conclusion that this kind of games are not what masses want to play these days. Yeah, that sucks, but that doesn't justify this stupid shit storm MS is facing right now.