Yeah, like I mentioned, it's a preliminary design, or "mock up"...and I'm with Chad and Shmokes on the simplicity thing. I'm a professional graphic designer/creative director, so breaking things down graphically is what I'm all about.
What I don't completely understand is whether or not this design was sanctioned by Nintendo. The paragraph you quoted seems to hint that it was, (ie: "based on direction from Nintendo")
So my point is, ack! It's horrible! I'm sure the final design will me much more acceptable; more refined and professional, but maybe Nintendo should be more careful about what type of imagery they allow to represent their product. In the console world, style is important...especially when there isn't much info out there to pick apart re: the Revolution.
mrC