With rumors circulating that Nintendo is planning to announce its next generation console at E3 this year, Gamasutra editor-at-large Chris Morris discusses whether the company should make its boldest move to date.

The rumors have been gaining steam for a couple of weeks now. Nintendo, they say, is planning to announce its next generation console at E3 this year.

While the company, not surprisingly, isn’t commenting on the chatter, it’s hardly going out of its way to downplay it either. And the second quarter lineup for the system (along with growing whispers about a looming $50 price cut in May) didn’t do anything to quiet speculation.

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