I don't care two bits about RAM or Gigawatts or anything. As many have said, I care about the games, and Nintendo knows that good software sells hardware. And since they make money on every piece of hardware they put out, they need good software to keep the green flowing in. I fully expect some of the more graphics-heavy franchises that skipped Wii (Star Fox, F-Zero) to be showcases for Super W.E.S. or whatever they call it.
But I'm much more with Carmine and Jonny here -- as speculative as all this is, I can't help but get all giddily excited about the promise of something new. In a way, I love the anticipation-and-reveal part of gaming almost as much as playing the games themselves. (On a personal note: I sure picked a good year to go to E3 for the first time. Whoa. Can't wait.)