LEIPZIG, Germany--As the Games Convention in Leipzig finally draws to a close today, there's one question that everybody wants to ask--or at least that we want to ask--could it be the new E3?

The first incarnation of the Electronic Entertainment Expo was the video game trade show to end all video game trade shows, until last year when it was announced by organisers the Entertainment Software Association that it would be downsized and renamed the E3 Media and Business Summit. Attendance would be by invitation only, with the invitees being nominated by people within the games companies. Although the big three presentations by Sony, Nintendo, and Microsoft were as spectacular as ever, attendance was slashed to 5,000 from some 60,000 the year before, and the Barker Hanger show floor was pleasingly queue-free, but also lacking in the pizzazz, excitement, and size of that of previous events.

Since then, many shows have been touted as 'being the new E3,' and people are wondering which, if any, are going to step up to fill its oversized boots. The Tokyo Game Show has been named as one possible successor, as has the Penny Arcade Expo in Seattle, and with this year's record attendance numbers in Leipzig, could this outside contender be The One?