Personally I thought it was better than Sony and Microsoft. Both of them spent their entire conferences talking about first/third person action games and then their pet projects (augmented reality and movies respectively). Nintendo actually bothered to show a variety of genres right away: platformers, strategy, etc. Not to say that it was a great conference (does anyone else get Nintendoland?) but at least they're trying. If you listened to Sony and Microsoft you'd think the only things hardcore gamers played were shooters.
I do wish we were getting more details on the hardware itself, but I can understand wanting to wait until later in the year (likely a Nintendo Space World conference).
Well, I have an entirely different set of expectations for a presentation that's the last of a console's life, and a launch.
Even if they did put a lot of focus on the big budget shooters, you can really see how far they're pushing the limits. They had a good range of stuff, even if the focus is on the big money shooters. Very little of that disappointed. It's safe in a lot of ways, but I wouldn't call what I saw from the big two lazy. They just need to sell you on a few games.
Nintendo had to sell you on a whole new system, a whole new concept. And they just didn't do it. There was nothing grandiose or inspirational about it. The wii was exactly that. I couldn't wait to get my hands on it after they showed wii sports. I can't think of any good reason to run out and buy a wii U. To buy another 2D Mario that looked like an high res wii game? A pikmin game that looked almost exactly like the one from 10 years ago? A new minigame collection skinned with their franchises? It was almost as if they don't even believe in themselves anymore.
It feels like they've lost all their mojo. Even if they didn't have something new and brilliant up their sleeves, they at least needed to show next gen versions of their old ideas, not something that looks barely improved.
I've always feared that their 6 year experiment in not keeping up with the rest of the industry and doing their own thing would eventually come back to bite them and leave them in a position where they're just not able to compete on the same level as everyone else...and that looks like exactly what's happened. Their teams clearly don't know how to take advantage of what is already outdated tech. Years of being sheltered in their own little bubble has held them back, and their window of opportunity here was so small, and they blew it.
I just don't know how they recover from this.