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Joelcool7 said:

Don't forget the Wii was announced at E3 2005 the year after DS launched in late 2004 early 2005. Then that E3 (2005) Nintendo announced project Revolution. With the controller being unvieled at TGS 2005. I suspect Nintendo may do this again, avoid taking thunder away from 3DS while re-assuring consumers a new console is on the way.

Of course I could be wrong Nintendo might do a big unvieling which I would be all over. But I'm pretty positive that the new console will be announced formally this year whether at E3 or later in the year. I still predict a winter launch in 2012.

I don't think we'll even see as much about the Wii successor this E3 as they showed of "Revolution" at E3 05, which was only Iwata holding up the console anyhow.  I think we'll here confirmation about the console's existence and that's pretty much it; nothing substantial on it.

But as you said, something later this year (after E3) or early 2012 will likely be announced so that they can completely reveal it at next year's E3.