-Too much emphasis on the 'ADD Gamer'
-Too much emphasis on graphics (Bloom/HDR being turned up to 11 and burning out your cornea)
-Horrible horrible artifacting (screen tearing due to no V-Sync, horrible aliasing and awful texture filtering) - I'd much rather have 'average' graphics and a nice smooth game rather than something resembling a buzz-saw
-Same ol stuff, nothing new ever comes out and it gets rehashed once a year
-Games that are supposedly 'risky' and 'new' really aren't.. Dead Space for example, was nothing but Doom 3 in third person *yawn*
-Too much emphasis on multiplayer (if I wanted to hear 10 year old screaming whinging american kids, I'd watch TV
-Games aren't games anymore, they are to make a quick buck (Call of Duty anyone?)