Reggie Fils-Aime, the president of Nintendo of America, says that the original Wii won’t be disappearing immediately. The two consoles will be sold together in stores for a short time. We already knew that games will be playable on the controller, but now we have learned that it is possible for the console to stream other media to the portable screen as well.

That’s good news for your Netflix account. Reggie says that the Wii U will arrive after April 1st 2012.

Nintendo hasn’t completely ruled out the possibility down the line, however comments made by Satoru Iwata make it clear that the Wii U will only support one Wii U controller. This is an odd move by the company. In all likelihood you can still play multiple player games. Maybe using Wii remotes, or passing a controller around. It comes down to money.

“Technically, it is possible for the Wii U to support multiple Wii U Controllers,” Iwata said. However, this will result in a “considerable” price increase.

According to Iwata, “We’re not planning on asking our customers to buy multiple Wii U Controllers.”

According to Nintendo president Satoru Iwata, the company’s new gaming console won’t play DVD or Blu-ray discs. This is due to patent licensing fees and besides they feel that enough people already have devices that are capable of playing DVDs and Blu-ray.

They have a point. And besides, we don’t care about DVD and Blu-Ray as long as the console has Netflix capabilities and we are sure that will be included at some point anyway.

The Wii U is already making waves and has left us wanting the console badly. Here’s some more news on Nintendo’s new console. It will use a proprietary disc that will hold 25 GB of data.

This was confirmed by one of Nintendo’s chief game designers, Katsuya Eguchi, the format is currently used by the Sony PS3. However the Wii U does not support playback of Blu-Ray discs. The console will also support external USB drives, for added storage capacity.

Coming in 2012, Nintendo’s next home console will be called the Wii U! A variety of new controls will be available thanks to that new controller with a 6.2-inch touchscreen in it. And you’ll no longer be tied to a TV to enjoy your gaming action. The Wii U controller can handle your gaming session when the television is needed for other purposes. That’s a great feature by itself. A built-in front-facing cam will let you video chat as well.

You won’t have to use that large 6.2-inch controller if you don’t want to, the Wii U will be compatible with all current-gen accessories and software. Your Wii collection will also play on the U version of the console as well.