This is Nintendo's new console. The Nintendo WiiU
The console itself is pretty underwhelming. The controller is pretty cool.
It features two analog sticks, D-pad, A/B/X/Y buttons, shoulder buttons, left and right triggers, a front facing camera, gyroscope, accelerometer, 6.2 inch touch screen, microphone, speakers, and rumble.
You can switch from playing a game on the tv to playing on the controller. It streams wirelessly to the controller.
I'm not sure of the specs, but the console is said to carry a multi core processor made by IBM and a custom AMD Radeon HD GPU. I've heard that it will be able to outperform the PS3 and 360.
No price or solid release date has been set, but Nintendo has given a release window between April 2012 and December 2012.