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In a recent interview Miyamoto gives an impression of the technical capability of the Wii U console. While Nintendo have never been one for going hardcore into specs, information on this was certainly due, even though we still don’t know anything really specific. Speaking with Gamespot, Shigeru Miyamoto talked about a lot of things and Nintendo’s thought process, when asked about the importance of hardware power he had the following to say...
“Nintendo is an entertainment company. We're very sensitive to pricing because people have generally only a certain amount of their spending that they'll devote to entertainment. And if you're talking about parents buying something for kids, there are certain price points where parents may be willing to or not willing to purchase a certain product.” He followed on from this with: “So I don't know that we would be able to sit here and say that it's going to necessarily dramatically outperform the systems that are out now.”
So there you have it, even though we don’t know exactly what the guts are for the Wii U, this does confirm that Nintendo aren’t making anything crazy. Their focus is clearly on the capabilities of the new controller, which is understandable as that thing can’t be cheap and Nintendo can’t afford to make the console just as expensive. Nintendo will have a head start, but this information does make you consider just how long that head start will last for.