I think currently the industry has two main problems, the divide between "casuals" and "hardcores" Where developers feel the only good casual games are party games and fitness games, and hardcore games are pretty much any game you shoot.
The problem with that is both of those genres are becoming EXTREMELY saturated, but they are also the safest bets so we get tons of those types of games.
The other problem is this really should have been the go-home e3 for the current gen, the Xbox is now on its 5th year on market, and the Wii/PS3 are on their 4th, usually by this time in the generation, most consoles are showing fumes, and console makers start to hint at what's next. Maybe a codename, maybe a design or something.