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JRPGfan said:

Even if all of that is right... I simply refuse to believe the name.

Buy the "Nintendo Extra".
What is it? is it a something extra for my Wii u?

Its not confuseing at all.
After the Wii -> Wii U, nintendo should have learned.

I refuse to belive it.

The name shown to the public will be NEX though according to the post, NEX is a very marketable name if true, it can stand for Nintendo Extra in the same NES stands for Nintendo Entertainment System, most people just call the latter the NES.