StardogChampion
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http://www.vg247.com/2011/04/14/report-nintendo-to-announced-wii-successor-at-e3-in-june
A PS3 and Xbox 360 competitor
The console in question supports HD resolutions, but is unknown at present if the graphics will be comparable to PS3 and Xbox 360. However, it is considered to be competitive to the two.
According to the various sources, Nintendo is already showing the new console to third-party developers in order to get them excited, and provide the firms with plenty of time to create titles before it hits the market in 2012, supposedly.
“Nintendo is doing this one right,” said one anonymous source. “[It's] not a gimmick like the Wii.”
It is unknown at present whether the system will feature a regular controller as the main configuration, but it is assumed motion controllers will be part of the package. It is being reported, though, that the system is more than just an “HD Wii.”