I like the fact that this might get the MS/Sony rolling on their new consoles a bit quicker rather than excitement for the Wii U itself. I get the feeling that by the time this is released we will be seeing some demo's and games from the new gen from the others which will look quite a bit more impressive and will turn a lot of gamers off after the Wii situation (I am referring to the slow drip of quality titles and a complete lack of mature titles, whether this changes with the Wii U or not it will hold in some peoples minds).
Unless HDTV improves to better resolutions why release a new console that is going to offer nothing new above what the new wii can do.I can't see ms or Sony releasing much until display technology catches up to show off what new consoles are capable of.