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Wiped said:

The confirmation of a new Zelda and Mario was in the conference- it was just very subtle, and very easy to miss. It lasted all of five seconds, and Reggie said it- "the teams are working once again" which is Ninty code for "they're making sequels but they arent ready to show off yet"

 

No, it means those teams are making games--nothing more, nothing less.

Infering that direct sequels are coming especially considering Nintendo's "one main Mario game per generation" approach is foolish.