The rumor mill just won't let up. Recently, we talked about the price cut that was going to implemented on The Wii. The timing made some pretty observant parties note that it's convenient a few weeks before the E3 2011 show, fueling speculation that Nintendo might be planning to announce the successor to the highly-successful gaming console.

If you haven't keeping tabs on these rumors, then here they are for you:
"We have confirmed with multiple sources that this new home system is capable of running games at HD resolutions. There are conflicting reports, however, as to whether its graphics will be comparable to those on the Xbox 360 and PlayStation 3 – meaning it could surpass or fall short of those systems."
"We're told Nintendo plans to launch the Wii successor in late 2012, which lines up with earlier reports from other games media."
"What's most exciting about the Wii successor however is its all-new controller, which industry sources have indicated is not simply an upgraded Wii Remote, and will even feature a built-in HD screen."
Contrary to information reported by Computerandvideogames , our sources say that the tablet screen is not high definition, but in standard definition, below the 720p.
"In fact, Nintendo is already showing publishers the system in an effort to get them interested and allow them plenty of time to start developing titles in anticipation of the system's reported late 2012 launch. This advance support marks a change from when the Wii launched."
The Wii 2 is also said to be backward compatible with games for the original Wii aside from being able to run Wii 2-specific games.
When the E3 rolls around, I'm sure some of these rumors will probably get debunked and go straight to the trash bin. Let's wait and see.
GameGuru
Innovative Video Games and Apps Blogger
InventorSpot.com
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