...killjoy.
But yeah, I agree. Which is why I tend to ignore E3. Well for the most part anyway, the trailers are still fun to watch.
What people seem to not realize is that E3 is a trade show (or trade fair/expo). As in an exhibition organized so that companies in a specific industry can showcase and demonstrate their latest products, service, study activities of rivals and examine recent market trends and opportunities.
Which means, essentially, that its not for gamers.
Plus, according to the official FAQ [http://www.e3expo.com/show-info/89/faq/], the show isn't open to the general public, only to those in the industry.
And besides, we have plenty other conventions for games and gamers.