The banquet the way it is (was) terrible. It has the bad stigma of being a means to keep you held hostage until the hall opens up again watching everyone pat themselves on the back and congratulate themselves just to get to the part to watch industry insiders get fleeced for the charity auction is tiring. Now, the auction itself is a great thing and I'm not trying to slight those efforts, and the charity angle in the least. But the whole thing has a stuffy furniture doily approach to it that needs updating.
I envision something a little more free form, more of like an after party, with a quick to the point news session and game/both of the show announcements are presented. Perhaps roll the stern party into it and make it good quality time with new games and the designers engineers companies that made them possible . This should also be the part where people who went out of their way to support the show by vending and bringing games are thanked (They should get free tickets).
The auction should be a separate event with more attendance to generate more excitement, like the auction used to be long ago.
Just some quick thoughts.