http://www.slashgear.com/nintendo-wii-2-stream-leaks-hd-and-touchscreen-controllers-in-late-2011-22147801/
http://www.bgr.com/2011/.../nintendo-wii-2-screen-stream-controllers-leak/
http://www.businessinsider.com/wii-2-dubbed-stream-significantly-more-powerful-than-ps3-2011-4
Here's what we can conclude from this artical (click for images):
CODENAME:
Nintendo Project Cafe
Actual/Possible Name
Nintendo Wii 2
Nintendo Stream
Retro look (NES), Xbox 360 size
Custom triple-core processor
IBM’s PowerPC chipset, similar to the Xbox 360, though with higher clock speeds than the Microsoft console (2 Gen ahead of Microsoft)
Will be paired with a revamped version of AMD’s R700 GPU, expected to be faster than the PS3′s NVIDIA 7800GTX-based graphics chip
Controllers w/ built in touchscreens (4 way multiplayer, each controller is you, TV shows different angles or cameras)
Able to play without TV on
Full 1080p capable
Virtual Console Games (Similar to SEGA DreamCast Controllers)
Foxconn is handleing production (iPod, iPad production)
Possible support for stereoscopic 3D
Possible pair with Grand Theft Auto 5 release (Closely working with Rockstar)
Retains former motion controlled gaming
Backwards compatible controllers, games possible
$350-$450 price range (USD)
Release: October 2011, Early 2012
I'm going to be honest, for that price and all that hardware, this actually looks pretty promising. But I'm probably going to wait and see what Microsoft and Sony fire back with. If they do push the date back into next year, hopefully they can develop some pretty neat games for this.