It's not always a bad thing when games are delayed. I'd rather see developers take their time and refine a product instead of being forced to meet a deadline. With that said, I really wish they'd stop deceiving consumers with these really sophisticated graphics and gameplay elements that are never even intended to be in the final product.
Well, overall, that was an aggressively mediocre press conference. Shouldn't be hard for everyone else to beat them; even Nintendo has a chance to put out something more compelling.