GAF has supported this rumor based in the reputation of the poster.
Well analyze this.
It looks like Nintendo Technology Development, the Seattle based hardware group under Howard Cheng, has been quite busy researching and developing several of the technologies being used in Project Cafe. One of the more interesting features is their work on tracking systems and head-mounted stereoscopic displays along with CPU and GPU research and evaluation.
For those wondering what direction the system might take from a purely geometrical calculation standpoint. Some of the new team members at Nintendo Technology Development include one of the head engineers responsible for the PS3's Cell CPU and RSX GPU.
While the news is not indicative of the ultimate fire power the system may carry, it certainly is promising.
http://kyoto-report.blogspot.com/2011/04/ninja-courier_19.html