Now that Microsoft and Sony are working on advanced motion sensing technologies for their respective consoles to fight off Nintendo Wii, everyone is eying Nintendo for its reaction. Nintendo’s reaction?

“Nintendo of America President Reggie Fils-Aime says don’t count on Nintendo introducing an update to its hit Wii videogame console, or new system, in the coming months.” – BusinessWeek

Analysts believe Nintendo can only hold off for so long before it will have to work on releasing a serious system update to its console. Updating its software won’t cut it for long. In the meantime, Nintendo recently announced its partnership with Netflix to allow Wii users to watch movies and shows from the online service on their Wii gaming console.