This is impressive. It wouldn't be the first time Cube-Europe reported something they were unsure of, and got lots of hits as a result, though.
A studio like this would be amazing. Nintendo needs a few original games that grab peoples' attention. Pikmin was great, but it hardly stood out. Even something of a stock standard genre with strong design principles would do a world of good (look at how Tales is going). Whatever it is, these are the people to do it.