That's for the first part, wondering if Nintendo could pull off HD projects; but from the second part we are told that Nintendo already makes Wii games at 720p though they scale them down to 480p at release. This last part was interesting.

The rest of the episode was speculation everywhere: Patcher expecting Cafe to be his 2009 Wii-HD which it won't be, others pesimistic saying it is too soon to start the generation next year (was the Xbox360 also released too early?) or wondering if there would be support for the console. I'm sure next year when Nintendo warm ups to its release, both Microsoft and Sony will be preparing their inspirations to announce at E3.

What makes you believe this is the Wii HD? Because judging from the rumors and interviews, this console sounds a lot like the anti-Wii so far...

i don't get why so many insist on thinking this is simply a wii HD, when simply from the rumors we can get the impression that it is far more than that. 

Saying pachter is right is really grasping. This is coming out 6 WHOLE YEARS after the wii and certainly isn't just a Wii HD, this far from being what he was describing. 

Wait for E3...you'll see what I am saying. Its a little too late for Nintendo to be pandering to the hardcore outside of their established console.

Wasnt there a contract that was signed between devs and console designers not to put out new consoles until the market and devs are ready?

No. This is not even a little bit true. It is entirely a falsehood. It's made up, ephemeral, flotsam floating on the wind of imagination.

Watching this video it looks like Patcher is excited about the Wii 2.

Even if it were true, it's what Nintendo should do: betray the developers who betrayed them and dick everyone over