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The Wii still sells like hotcakes, so no new Wii is coming out.

PS3 and 360 are already more powerful then the Wii. A PS4 or X-Box 720 with spec upgrades are unnecessary when the current console you have out is already 2 or 3 times as powerful as the market leader.

Natal and PS3mote bundles are substantially more likely then either Sony or MS dropping more billions on a whole new console.