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 E3 2011 : We may get a vague announcement

 Late 2011 : Rumours. Maybe we will start hearing about dev kits.

 Early 2012 : More information on the console

 E3 2012 : Full unveiling

Late 2012 : Console launches

Nintendo has more reasons to launch early unlike MS and Sony who would benefit from dragging on the generation longer.

Anyone who thinks Nintendo will carry on with only the Wii to 2014/15 ^ is nuts. Sony and MS will probably come out 2013/14 maybe even 2015. Though once Nintendo launches, they will not just want to sit back.