Analysts are already pondering what this means for the industry:

Wow! These guys are making some exciting predictions, that’s for sure. While I’m still skeptical, one thing I can say it that Nintendo is going to get a lot of media attention leading up to E3’s reveal of the new handheld. I just don’t see Microsoft or Sony letting them steal the show without a fight. I’d expect a big move to try and reclaim media attention in the coming weeks from both companies.

What do you think, Ranters? Is it time for a new Wii, a new PSP, a new anything? Are we on the verge of a new generation?

Source: MCV