It's finally happening, the rumor mill has been churning away lately, and today we finally got what has been the closest thing yet to confirmation that Nintendo is revealing a new console at E3. Multiple gaming sites, including IGN and Kotaku are now reporting that Nintendo is set to unveil the successor to the Wii at its annual E3 press conference, which is expected to be June 6 this year based on the dates of Nintendo's past pressers.
According to these reports, the system will be more powerful than the Wii's main competitors, the Xbox 360 and PS3, and will be aimed at hardcore gamers. Other features the new console is reported to have include backwards compatibility with Wii software, and support for resolutions up to 1080p. It's also being reported that Nintendo has already shown the system off to third parties.
Earlier rumors have claimed that the new console will sport a powerful quad-core processor, Blu-Ray compatibility, and a built-in projector allowing the system to be played without even being hooked up to a TV.
Whether or not there is any truth to these rumors might be revealed sooner rather than later. According to IGN, although the new system won't be unveiled until E3, a formal announcement by Nintendo is expected as soon as later this month. Stay tuned for more!