Who remembers this video from way back in 2005? Shortly before the reveal of the Wii at E3 2005, this video was released claiming to be a leaked copy of Nintendo's new system. Showcasing a virtual reality headset among other features, the Nintendo ON created quite a buzz in the Nintendo fanbase with people believing the video to be real with others skeptic, but hopeful. Even Nintendo itself thought the video was well done.
Interestingly the guy who created the Nintendo ON video, Pablo Belmonte, is also the same guy who created the Majora's Mask Wii U video that was released right before E3 2012.
Obviously now we all know this was a hoax, but back then it was a really interesting concept and seemed to be inline of what Nintendo was hyping their "revolution" machine to be. The Nintendo ON was one of the better video game hoaxes we've ever seen. With Ocular Rift gaining quite a bit of developer support and Sony looking like they are set to announce their own VR headset at GDC, could we see Nintendo's next system heading in the direction of the Nintendo ON?