This is supposedly the first of many Wii Konami announcements.
The good news? It's not Elebits 2, its a brand new IP.
The bad news? It's done by the same guy that did Elebits, plus looks a lot like Elebits.
The game is Dewy's adventure. According to the description at IGN, you play as a drop of water set out to clean up his world. According to the producer, the game will have better graphics than Elebits and it will control using just the Wiimote (you can cheer now, MaryJane!).
Here's the IGN interview, complete with screens and trailer:
Dewy's adventureTime to bitch about how Konami isn't bringing any of its world renowned franchises to the Wii or celebrate because they are being creative instead of just re-using the same franchise over and over? I'll leave that up to you.