Hah, yeah I didn't watch the conference so I missed all that. I think the main selling point will be having a traditional HD TV console for all the Nintendo and third party games everybody will love, and be able to take it around the house with you at will, which sounds like a minor thing, but I think it adds a pretty fundamental twist to the way people think about gaming outside of handheld devices. Also having a Nintendo console with proper online capabilities is a big selling point, regardless of whether that should have been achieved with the Wii or not. And yeah, I don't give two shits about graphical quality, and I don't think the majority of people playing games these days really do either, so with this new console Nintendo is essentially both caught up and ahead again of everything else on the market, and with a potentially genius central design conceit at the core.
Oh, I think you're wrong about graphics quality and the average player, but that's just been my observance.
The one thing that Reggie did say about the WiiU that he didn't mention in the press conference (obviously) was that it wouldn't have blu-ray. Whether or not it's going to have something similar/close to/better than Blu-ray, I don't know. But it leaves me wondering, as I mentioned before, but am reiterating for you since you said you didn't read back, is if we're once again going to have a Nintendo console that doesn't play movies.