...is not here. For some reason, no one felt it necessary to actually show Microsoft's conference live. As such, you'll have to make do witih Eurogamer's auto-updating liveblog or Joystiq's liveblog with pictures. Gamespot won't have a free version of the conference to watch until 2:30 PDT (1:00 PDT for subscribers).

So far they've announced Lumines Live (in which you can download videos and play them in the background as you play), and Fable 2. Eh.

Update: The Halo 3 trailer is available on the Live Marketplace now. Better get going.

Update 2: They just announced GTA4 on the 360 in October of 2007. Sony just lost one more reason for you to blow $500 on their machine.