I've always had this theory, it's kind of silly, but it's a theory. The Wii is basically making Nintendo a ton of money, right? It's casual. It's successful, but for how long? Nintendo has made it clear that they are attracting the more casual crowd for this console, and it's obvious the little machine isn't "next-gen" graphics.
Now, what if, say in 2-4 years, Nintendo announces a console for the "hardcore". It's the powerhouse that everyone has wanted from Nintendo. Gaming in 1080p with noticeably better graphics than the 360/PS3 , multi-media center, and online gaming service that is like XBL. Didn't Nintendo say they didn't go the HD road because HDTVs aren't that common in households? That % is quickly getting bigger every day, so they'd have more reason now. They would then have control of both markets: the casual, and hardcore gamer. I guess this seems more like a fantasy, but anyway. Sorry about derailing the thread
Go giant frozen Snorlax-like final smash