Nintendo’s E3 press conference has just finished for another year and with it comes a stack of Ninty goodness. The biggest news of all though was the announcement of the Wii U and the fancy new controller that comes with it.

For those who didn’t stay up last night, the Wii U is Nintendo’s next generation home console. It’ll come with HD graphics and a powerful but slightly ugly-looking controller that has the ability to play fully-fledged console games.

During this morning’s press conference, Nintendo showed us how the Wii U controller’s built in camera worked, how the gyroscope functioned and how the billion other features within it would be able to take video gaming to the next level.

As a developer in one of the trailers shown at the press conference said, “it’s like the Swiss army knife of controllers”.

The controller includes built-in rechargable batteries, a Power button, Home button, +Control Pad, A/B/X/Y buttons, L/R buttons and ZL/ZR buttons. On top of this, it also features a built-in accelerometer, a rumble feature, a microphone, stereo speakers, a sensor strip, a stylus and the all of those other things mentioned earlier on in this post.

In fact the Wii U controller was so mind blowing that Nintendo didn’t even bother to mention or show the actual Wii U console at their 2011 E3 press conference. Luckily Nintendo has now released information, screenshots and video footage of it on their offical E3 network site.

This official Nintendo site reveals that the system will be able to run games in 1080p via HDMI and feature flash based storage internally with upgradable memory thanks to the assistance of USB and SD cards. The games for Wii U will also be shipped on iDensity discs.

The final few things known about the new Nintendo system are that it will be backwards compatible with Wii games and the controller will give be able to give players different camera perspectives in certain games.

Stay tuned to TNB for more Wii U and E3 updates soon. Also be sure to check out our Live blog of Nintendo’s 2011 E3 press conference from earlier today here.