This time, Ron (not Dave) is going to show off a short scene with Elaine in an environment with an unsurpassed plethora of extremely cute critters in it. The scene will be on Monkey Island™, but they're not telling us of course. There will be a bit of new music in it, but Elaine will mostly talk over it, so the new motif can't grab hold of your brain. Guybrush and Elaine are caught in some kind of battle of wits, we don't quite know the exact context, but it seems like Elaine is winning again. They're not showing the UI, but they're using scenes from the Mac version again so there will be an extra black mouse pointer present.
There, you can de-hype for now.