RUMOR: New Nintendo console details surface

Some details on Nintendo's next console have surfaced. Of course none of this has been confirmed but these are supposed credible sources. According to the reports:
  • New console is codenamed "Project Cafe"
  • Is backwards compatible with Wii software
  • Is significantly more powerful than the PlayStation 3 and Xbox 360 
  • Capable of 1080p resolutions
  • Reveal expected at E3
  • New controller will feature dual analog sticks and standard d-pad and trigger buttons. It'll mirror a Gamecube controller in general function but not in specific form.
  • Controller to feature touch screen
  • Players will be able to stream game content from the console to the controller's screen
  • Set to launch late 2012
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