Iwata finally broke the silence on the upcoming Smash Bros. game for the Wii U and 3DS. He went on to state that it's "a huge development undertaking. We need more time."
However, he also went on to say that the first new "screens" would be showed at this year's E3. Whether those screens involve actual gameplay is yet to be known -- but at least it's something.
"Wait for just a little longer." You got it Iwata!