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Unfortunately for Nintendo fans, there will not be a Wii 2 in 2011.  It just flat out doesn't make any sense for them.  Why release a new console to absolutely kill the legs of your current one?   Looking at the graphics, it's obvious why Nintendo doesn't feel it needs a new console out yet.   I honestly believe you won't see a new Nintendo console till Late 2013 /  Early 2014 at the earliest.    The DS has been in stagnation / decline in Japan since around  early 2008. Similar trending in America since early 2009.

Nintendo should be in no hurry to release a new console as the market leader.  Sony and Microsoft aren't going to be in a hurry either as they're actually being successful in 2nd / 3rd place.