Wii U power debate: Iwata swears it will keep up with next-gen. Microsoft says 'it's a 360'

Wii U power debate: Iwata swears it will keep up with next-gen. Microsoft says 'it's a 360':
Just how futureproofed is Wii U? Will the next generation really be so similar to this generation that Wii U can handle ports of next-gen games? Nintendo thinks so. Yet Microsoft reckons all they'll get is current-gen leftovers. OK, ding ding - FIGHT!
Source: Google Reader