Nintendo's Third Hardware to be Released This year.

[Danchastu 4.0]

Nope, not the GameEye (since that's not a stand alone system but a peripheral anyway)

From the-magicbox.com:

- Nintendo confirmed to Famitsu magazine that they will present a new game system at E3 2004 in May. The machine is not a successor to GameCube or GameBoy Advance, this product can play back existing game titles. (Editor's note: Further hint that the new machine is a variation of iQue Player?)