As Bill mentioned the word is spreading like wildfire that E3 will cease to exist as we know it. No loss there. Lots of 18 year old German journalists, very loud EA booths, and PR people telling about how great games are going to be that we have a poor video of.
Instead, game companies will devote that million dollars elsewhere. Works for the real journalists if you ask me :). Well by that, I mean journalists that accept free trips for the sake of writing about the company instead of showing the 18 year old Germans the game :).