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Nintendo has admitted that while its forthcoming Wii U game console will support high-definition graphics and will be rather powerful, it will not be able to compete with the next-generation systems from Microsoft Corp. or Sony Corp. in terms of performance as they will be ultra-powerful. Instead, Nintendo calls its approach balanced as it features both improvements and exclusive technologies.
The 3DS is already behind the PS Vita in regards to hardware. Looks like the Wii U will follow that trend.
This means developers who makes games for the PS4 and/or the next XBOX and wants to port it to the Wii U will have to water it down just like the Wii.
source: http://www.xbitlabs....ce_Console.html