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This technology has been in the works for a long time. Nintendo started playing with 3D back with the Game Cube days. I remember hearing that they even showed off the technology at E3 behind closed doors but I can't find the sources.

http://www.escapistmagazine.com/news/view/98097-Nintendo-Built-3D-Into-the-Gamecube
http://www.gamespot.com/articles/gamecube-almost-had-3d-functionality/1100-6286296/

I also remember there was a lot of rumors that the then called "Revolution" was going to support this technology and potentially even have a built in projector at one point. I'm curious to see where this goes.