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My guesses

- About as powerful as the PS3 with more RAM perhaps
- About the same size as the current Wii
- A refined/more accurate Wiimote (WM+, vitality sensor built-in?)
- A camera/microphone sensor bar
- One other new kind of input ... beyond the Balance Board or Vitality Sensor but not VR
- Backwards compatible with Wii
- More streamlined/unified "Nintendo Network" (for use with Wii 2 + DS2)
- Summer (yes, summer, not fall) 2011 release date so early adopters get theirs then another wave of sales for the holidays.