It was the combination of everything though, even if it was stuff I didn't want. Opening with the next gen announcement and reveal of Metal Gear Solid 5. Show off Ryse for the first time. Announce the return of Killer Instinct. Announce a new game, Sunset Overdrive. Show off more of Forza 5. First proper footage of Quantum Break. Announce Project Spark, demo it. Announce Crimson Dragon. Announce and show gameplay of Dead Rising 3. The Witcher 3's first gameplay footage and trailer. Confirm Battlefield 3 60fps. Tease next generation Halo. First gameplay footage of TitanFall.
The focus to me seemed mostly on games built for next generation systems, and that's what I liked, even if I didn't like the games themselves, and even if they're multiplatform. A major focus on next generation software.
Sony spent most of their time talking about partnerships, then did two live demos of two games primarily built with current generation hardware in mind. They did little to sell a future software forecast. We all know it's coming, but I would have liked to see it. Price/DRM/whatever is all great to here, but given I'm not buying either console day one all I really want to see is games. Games I haven't seen before, games built for next generation hardware. And that's where, in my opinion, Sony totally missed the mark, and where Microsoft played a far better hand.
And when Nintendo's rolls around, I expect a lot of predictable though lovely Nintendo. Few, if any, legitimate surprises.
EDIT: I forget about FFXV and KH3, but it's probably because I couldn't give a flying fuck about either. KH is a shit franchise and Final Fantasy hasn't been good for a long time. Versus XIII was in deep development hell for an entire generation. Just because you re-announce it and make it a mainline game does not convince me it will be good.