I'm not sure if this was already officially confirmed... I think it wasn't but anyway...Heres a quote from Famistu:
Famitsu: What can you tell us about the Gamecube 2?
Iwata: It will be able to use the gamers already created in the previous generation. And it is something that will work. Side performances and graphics, one reached today a kind of limit with a quality which is already close to realism and it will be difficult to still much better do. The role of Nintendo is thus to study other ways in order to improve the experience of the player.
Very Very Sweet

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