What was being speculated as to possibly being an early april fools joke, has either gotten a lot more detailed and elaborate or, has been confirmed. We first got wind of the project when a few sites noticed that Nintendo Power hinted at what was possibly the return of a cherished and un-nurtured franchise.
Well Go Nintendo went ahead and got a copy of some screens from a (seemingly) spanish magazine with the scoop that Nintendo Power claimed was exclusive. Either way, the big news are the screens. Click the link to GoNintendo and check em out.
Source: GoNintendo.