I'm having mixed emotions about it.
More towards the Crash Bandicoot thing.
It's great that he's been brought back (one less character on my list of videogame characters to be brought back), but the series is still fully owned by Activision. Which, can be thrown to any sub-company that'd butcher the remakes.
My fingers are crossed that it'll be given to Vivendi, who did a pretty good job on Twinsanity before they ended up merging with Activision.
Aside from that, I've never really felt interested in E3 as much as I did when I was a child. It's more about showing off graphics that the consoles can handle as well as the insane lighting effects. Next thing I know, next year there will be the Xbox Migraine. Quality so high, people will start having migraines.