Well it's definitely not good news. It's not particularly harmful bad news either though. I somehow doubt consumers are going to think "Well that's it. They didn't say anything at GDC, so I'm not buying a Wii now." No, Nintendo will just postpone all of their announcement a few weeks at the most and then have their own press release. People will continue to buy the shit out of the Wii and DS, and everything will continue in its present fashion.
It is better to remain silent and be thought a fool than to open one's mouth and remove all doubt. -Mark Twain
2004 Lincoln LSV8 - ~$15,000
K&N Cold Air Intake - $300
Handheld ECU Reprogrammer - $400
The look on a ricer's face when they get their ass beat off the line by a Lincoln - Priceless