At least they're not in Iraq covering the event. I knew an editor at Gamespot, besides being sleep deprived for a week and not being able to go to parties, overall, it's a really nice job if you're into that kind of stuff. It's not glamourous, but yeah, they really can't complain.
I'm kind of glad they're downsizing. I heard that some of the major players at E3 are backing out next year since they aren't making money. Well, if they didn't take up frickin' half the floor space.... at least now an "appointment" would actually be a sit down appointment vs here's the game, that guy over there will show you how to play it.
GDC might be the place to be, which I don't mind since it's closer

I'm actually looking forward to E3 if it's going to be scaled back, maybe then I'll get a chance to actually check out stuff from smaller developers instead of having to go around the crowds hovering around Sony.
Jam it back in, in the dark.