Demonstrated graphics on par or better than anything released for the HD consoles while rendering at 1080p @60fps while rendering similar quality graphics to a controller at 854x480@60fps ... Essentially rendering 5.4 times as many pixels at equal to or better quality.
I think it is a touch more than 50% more powerful
Edit: Personally, I suspect the per-pixel processing power of the Wii U is probably 50% greater than the PS3 which would imply the system was (around) 8 times as powerful as the PS3 is.







