We will have to wait for more details about the system, but what are your initial thoughts? I want know how much storage space will it have? Will there be a uniform online environment like XBL or PSN? How much will it cost? Are games on disc or cart? What is going to happen to the Virtual Console? Will it play Wii, Wii U, 3DS games or any other backwards compatibility? How much will extra controllers cost? What happens if the system breaks? Will it have Netflix? While we wait for these answers, Nintendo usually knows what they are doing. But I am at least happy it just isn't another Xbox or Playstation. Those two system are so similar, it will be nice to have something fresh.