Nah it was completely in line with a Sony or Nintendo direct. They are shorter and more focussed, and naturally won't always have something for everybody. That's certainly been the case for many recent Nintendo / Sony directs where I have the console and intend to buy nothing shown.
Last year was terrible, worse than underwhelming. But considering Starfield wasn't included and there'll be more at e3, its solid.
When it comes to 3rd party support on gamepass this year then its definitely not underwhelming. Darktide, Hollow Knight (sequel), Life of Pi, Atomic Heart, Flintlock and loads more.