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radiantshadow92 said:
If the console was actually more powerful than the current HD consoles, then Nintendo would not wait this long to admit it. They would instantly jump on the Yeah were the true next gen console ship. Since they haven't, its easy to assume that its just around the same stuff as the current HD consoles

There are many reasons why they haven't mentioned it. The three biggest reasons I can think of right now are that Nintendo is focused on  presenting the controller right now, which  is quite obviously what they did; they still haven't sorted out the technical details and don't want to mention anything about the system until they're finish; or they don't want to reveal the capabilities of the system to their competitors during the competitors peak development period. All three of these or a combination could be the explanation.