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Now that E3 has passed I wanted to revist this thread to see how things are going. Items below are color coded based on facts and what is still unknown.

Things right:
1. screen controller with dual analog base setup.
2. at least equal to current HD systems.
3. Video/Game playback on new controller while TV in other use.
4. Large storage solution (though usb HDD or SD cards)
5. WifiN
6. More media playback (demos showed browser and netflix at least)
7. Fully backwards compatible with all Wii accessories/games
8. Will get same 3rd party support
9. High capacity media disc for games

Things not true or false yet:
1. More powerful than PS360 in order to be withing range of next consoles similar to PS2 and Xbox/GC
2. Android apps capable
3. Far better online connectivity to rival / surpass Live/PSN
4. Overall system UI
5. Natvie media playback (video / music)

Things proven incorrect:
1. 3D in the controller
2. No SD card support and built-in HDD
3. Bluray drive