The VGA's are awful and always try to appeal to the lowest common denominator. This wouldn't be bad if it wasn't a reminder of how the rest of the world views gaming as a hobby. We're all immature wastrels, apparently.
However, the one thing that really killed me was the Metal Gear Rising: Revengeance trailer. My god, what happened? They were showing trailers for it last year that displayed a kind of sword based game that pushed the limits of what a hack-and-slash can be and had an emphasis on stealth. Now it seems to be all over the top, Bayonetta/DMC, flash bullshit based action. Otherwise known as "Mash X to win." I loved the MGS series and the original Metal Gear games were great fun, but this just looks like an abomination that will create all sorts of "how powerful is Raiden, exactly?" based inconsistencies with the story. I mean, since he is still all cyborg'd up, I can only assume it is before MGS4. However, if he is able to throw a mother fucking metal gear ray, and slice it in two in one strike, then how the fuck was a band of geckos ever a problem for him in MGS4?
God I hate what this is becoming.
Edit: In the end, unless it becomes the new DMC, I can only see this becoming the equivalent of Final Fantasy: Dirge of Cerberus.