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I think that they will keep their $250 price point. It will be full HD. I think that it will use the same control scheme as the Wii, unless Natal and the Wand are a success, then it will be slightly altered. I think the IR pointer is a little shifty, it doesn't work well when you are too close or too far away. Maybe they will use a new way for that. Obviously WM+ will be built in, or they will have a new tech, like some of the magnetic field wands that are out there that can detect your true location in space. The classic controller pro will be the traditional controller for use with virtual console, and games like Smash Bros., and may be offered wireless. And I think that they will use some form of proprietary HD-Disc format, such as HD-DVD (since it isn't mainstream anymore). 

Thats is my prediction if nintendo decides to continue with what they did with the Wii.

If they go a different route I expect a $300 price point with everything I stated, except with blu-ray support.