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TheKoreanGuy said:

You certainly made it seem like it's "going to happen" going off the thread title. It is out of the question for E3. I just don't see Nintendo covering both hardwares like that for their press conference. They will have little time for games then. A TGS reveal is also unlikely and even if it was revealed sometime after E3, it certainly won't be released within 2012.

Which would explain why they're having some four conferences.

I don't think the title is misleading. I believe the redesign will be released this year, so the title reflects that. At the end of the post I acknowledge that it's not exactly proof-positive, but I stand by my theory.