Project Café Storage Rumors.

According to Kotaku and EuroGamer, supposed reports of the storage
media on Nintendo's new console have surfaced.

First off, instead of having an HDD, Project Café will instead launch
with 8GB Flash Memory, which may keep with Nintendo's stance on more
traditional gaming to diversify itself from other platforms.

Second, the disc media is said to be 25GB, which might tie in with
earlier rumors of Nintendo utilizing Blu-ray on the console.

Whether these rumors are true or not remains to be seen until E3,
where we can find out for sure. Stay tuned.

Project Café Release Window.

Satoru Iwata announced today in an investor briefing that the next
Nintendo console would not come out til no earlier than April of 2012,
stating the release of the new platform was along the grounds of the
Wii's possible waning interest, which may or may not prove rumors of
the Wii's retirement correct.

Iwata also stated that they will have not any interest in or focus on
Stereoscopic 3D, perhaps that's only initially at the start of the
console's lifespan. This might not stop 3rd parties from implementing
it in their titles, however, as the machine spec-wise seems more than
capable to produce such advanced effects.

We'll all know more in the coming weeks to E3, so stay tuned.

Original source credit goes to Gamasutra:

http://gamasutra.com/view/news/34272/Iwata_Wii_Successor_Not_Coming_Before_April_2012_Stereoscopic_3D_Not_A_Focus.php