The impression of the current E3 right now is what happens when you don't announce anything as opposed to announcing things like Kingdom Hearts or Final Fantasy and taking forever on it's development pissing off people.
When you have nothing to go on, people despair and can become confused or intimidated.
It is ALWAYS better to announce something rather than nothing. To make promise on something, to assure your future prospects from supporters and consumers specifically.
/v/ always over reacts though.