Miyamoto held a private round table event earlier in which the question of why there was no Pikmin 3 at E3 was brought up? He kindly repliedâ€¦
â€œIâ€™m sorry. Unfortunately we havenâ€™t been able to expand the team size very much, because weâ€™ve been working on so many different games that weâ€™ve shown off at the show. So the team is working very hard, but itâ€™s a bit of a small teamâ€¦The basic work that theyâ€™ve been doing quite nicelyâ€¦.my basic idea is that the sense of the depth of the game and the simplicity of the control will all be there.â€
Sounds like Nintendoâ€™s software development teams are a little overloaded. Expect a official reveal at either GDC 2010, or E3 2010.