Satoru Iwata, president of Nintendo, has mentioned more information about the Nintendo Revolution in an interview with G4. In the interview, he stated that the Revolution will be less powerful than the PS3 and the Xbox 360. He stated that since the tech specs will not be as impressive as the system’s rivals, hardcore gamers will indeed own another system in addition to the Revolution. He stated that people will not be able to "tell such a huge difference (on) an ordinary TV set at home."
He stated that the non-traditional gaming audience will enjoy the Revolution and it will "be held and appreciated by so many people more than the people who love to play with the (other consoles)."
Keep checking back as we continue to get more information.