Ok so, through my daily web surfing I heard the news that the next E3 conference for 2007 is likely gonna be cancelled. My response, WHAT THE HECK!. For those not in the know, E3 is pretty much THE event wherein video game publishers present their upcoming games for the year, basically present and future products. More noteably from the e3 conference is the competition that takes place between the big three gaming console companies (Microsoft, Nintendo, and Sony). So with the cancellation of the event a multitude of benefits/problems are gonna occur, I could go into it but the following link narrows down the points pretty well:
http://www.joystiq.com/2006/07/30/e3-canceled-for-next-year-and-beyond/