Not spectacular, but a very good selection all round I'd say. MS has raised the bar with XBL, but I would not be at all surprised if Sony and/or Nintendo matched them or even eclipses them.
1) Virtual console, wow, new content, Sega content and more. They better have a great interface for this and easy storage. Most interesting.
2) Zelda DS, total fucking shock. Looks beter and more innovative (for Zelda) than I expected (was expecting a staple Zelda handheld RPG). Most shocking.
3) PS3 region-free. As a European gamer, it has been my wish for years and years and friggin years that consoles would banish region coding. This is a big step in that direction, I hope. Most wanted news. Most happy. oh hell yes.
Didnt like the look of Sony's online service though, looks intrusive.