This is a thread and it is for Sony's press conference at Gamescom 2010, starting in 20 minutes or so. Here's a live stream! 
 

Hold on, this might be a fake stream. Hmm.........

I'm holding...

SCEA? This is madness. It should probably be here.
 
I'm hoping this live stream will hold up if it runs at all. The whole internet is converging on this one feed.

Get us a good link! I need me some video watching while I eat lunch.

No one has gotten in yet apparently, and Sony delayed it?

From 1up 

1upliveblog: EA's pre-Gamescom press conference is now over (Mass Effect on PS3!), so now we're headed over to Sony. [via Twitter]

1upliveblog: We're still trying to get in - it's sort of chaotic at the moment. [via Twitter]

1upliveblog: THEY BETTER LET PEOPLE IN BEFORE IT STARTS TO RAIN!!! [via Twitter]

1upliveblog: By the way, the event won't actually start for another 45 minutes. Sony just invited everyone early so they could stand outside for an hour. [via Twitter]

1upliveblog: Also, cell phone reception is absolute SHIT here, so this live blog may just entail our adventure trying to get in. [via Twitter]

1upliveblog: Also, there are tons of PlayStation Move posters plastered all over this place, so I wouldn't be surprised if that's all the event is about [via Twitter]

I don't see anything particularly interesting coming from any of the 'big three', so I won't be bothering to watch this.
At most, we'll get some cool trailers for inFamous, etc, but I'm happy to wait and watch them after in higher quality.
 
Imagine most of it will be Move garbage being demonstrated.

Yeah, it's happening at the hour now, so 30 more minutes. Messy or what.
 
So i'm playing PixelJunk Eden. This conference now needs to deliver.

Heeey, there`s another press conference? awesome

Oh, I didn't even know these were being streamed. Well, don't have to worry about what to do.

So it's an hour late. pffff