Though it might be interesting watching the show from within Home, I'll probably have the typical seat in front of GameSpot's or IGN's link to the event. However... I know in the last year or two the connection to the Internet wasn't so hot. The only thing to worry about is those times when the video feed is obstructed by a pausing lag.
i try to watch the coverage on G4 FINALLY! even on the websites (IGN/1UP, GameSpot/Giant Bomb, etc.) even Spike does their stuff via GameTrailers.com. i check breaking news via twitter cause i had a account also facebook. and also PS Home now that the theater is used before they remodel everything!