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You don't get it guys, Patcher means that the Wii U is not a significant leap over the PS3 and 360 (graphics will be almost the same in multiplat games), people who already own a PS3 or 360 won't be so eager to buy a Wii U since the PS360 can feel their needs for an HD entertaiment center and motion controls also their online features are better than nintendo's and PS3 and 360 will keep getting price cuts while Wii U would probably launch at 250-300$.

Now if MS announced the X720 for march 2012 with 5 times better graphics (Kinect compatibility also) that would be considered a "new" console since people will want this new powerhouse console.

Patcher is a smart man you should check his latest Panel at PAX 2011, he explains about his "obvious" predictions.