Obligatory follow-up to Kairon post:
GDC should be something unrelated to companies, unrelated to publishers, and unrelated to standard gaming press events. It should be seen as a group of trade artists collecting together and discussing their trade. Gaming announcements shouldn't be made there, unless philosophy is the sole reason of the announcement. Remember a few years back when several Nintendo devs did presentations about Brain Age and the non-game? IMO, this is the way it should have been. They didn't do it to make themselves look good, but rather for the sake of the industry. Remember Sony trying to use GDC as a breaking ground for Home? There was very little relevance to gaming development in general that Home had to do with. No trends or suggestions for developers were made in this announcement. I think that's wrong.
The guy calling the Wii two duct-taped GC's? I disagree with him, but his comments were meant solely for his peers, not for the press, and he shouldn't have had to apologize for them, considering the event.