If you think it's boring, well, you could always fill that big empty black area with stickers!
Personally, I think this is the best looking console yet. I'm relieved, actually, because when they started talking about how 'sleek' it was, it just reminded me of the DS and how they said it was sleek too.. which, in my opinion, it wasn't. At all.
However, I'm seriously worried about the innards of this thing. If it's going to be this vastly inferior to the PS3 and Xbox 360, it's doomed from the start. That is, unless Nintendo's figured out how to make pigs fly. I'll buy it, you'll buy it, but the general public simply won't go for the weakest console. Even if it is the sexiest ;-)