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That "report" about the Wii U is apparently a false rumor (which isn't surprising given that it came out a day after April Fools). http://n4g.com/news/974866/...
^This article provides another rumor suggesting that Nintendo is unhappy with the rumor due to stocks going down and believe that the final product will prove things are different about the platform.
If you want something more solid, here's a video talking about the Wii U's specs and compares it to current HD hardware. Unless you relentlessly hate Nintendo, you'll find the comparison pretty satisfying. http://n4g.com/news/974731/...