If you're reading this, I'm sure you would be expecting Nintendo news spanning across E3. But since we're doing a QuickPeek feature on E3, we're gonna stick with the news outside the Electronic Entertainment Expo for now. Besides, there's still some non-E3 info that you might wanna catch up on, especially this week's lineup of great homebrew, so you can get those on this week's recap.

Did you know that Nintendo actually started development on a new handheld, but eventually scrapped it? President Satoru Iwata revealed this himself in an interview with CNBC.

Ninty fans are getting the big guns at this coming E3 2009 as the bigwigs of Nintendo confirmed attendance for the event. Among the heavy-hitters making their way to the LA Convention Center on June 2, 2009 are Satoru Iwata, Reggie Fils-Aime, and Cammie Dunaway.

Now this be crazy! The April results from NPD show that the DS outsold all other platforms combined, thanks to its whopping one million units sold. Satoru Iwata, adopt me now.

Nintendo is getting ready to roll out a new video streaming service for the Wii this year. The new service may not be limited only to the Wii, however.

At the ongoing GDC, Nintendo prez Iwata announced that the Wii is the fastest-selling game console in history. But who cares about that. You'll care more about the new Zelda game, as well as the firmware update that they issued as an answer to the Wii storage problem.

*UPDATE* now with trailer for the new Zelda game

Here's some wisdom on the economy from Nintendo prez Satoru Iwata: "When the economy is strong, people tend to buy three things from the top of their wish list. But when things are bad, people often buy only the first thing on their list."

So all you have to do is own Nintendo, and you'll have no problem. "Fortunately for us a lot of shoppers put our products at the top of their list."

Over their lifetimes, the PlayStation 3 and the Xbox 360 have both introduced price cuts to buoy sales. But the Wii? Naw, it doesn't need a price cut to sell. It just needs to exist. But shouldn't manufacturing costs have gone down by now? Why doesn't Nintendo introduce a price cut? Because they don't want you to feel cheated.

More after the link.

The Nintendo DSi has a lot of great new features, but one of the better features that didn't manage to get in the final plans was a second cartridge slot. This idea was scrapped by Nintendo prez Satoru Iwata, saying that it made the handheld feel "big."

How bigger was this model in question that the feature was just not worth the trouble? About three millimeters. Wuh?

So there's the new PSP-3000, the new DSi, and the iPhone. How different is the portable gaming market now? Satoru Iwata already gave his thoughts on the subject matter - that they're not after iPhone's market share. And who can forget? Even John Koller had a thing to say about the current competition - that the DSi may be successful, but will remain for kiddies under 12. So now, will anyone else give their own two cents? No, duh. Of course someone will pipe in! Enter Luc Bernard, creator and developer of Eternity's Child.