We contacted Nintendo UK for a response, and the official word is that the Wii Mini system is real and will be launched in Canada, December 7th at a retail price of $99.99 (£60 / €75 / 8200 Yen).
No announcements have been made for other regions yet.
A first image of the new Wii Mini console has also surfaced, with additional details confirming the removal of USB, SD Card support and Internet/WiFi capability, as well as having no support for GameCube games, essentially leaving a bare bones Wii in a smaller new shell.
A rogue banner on retailer Best Buy's website has revealed what appears to be the first sighting of the rumoured Wii Mini console.
The Wii Mini was rumoured last week, but Nintendo has so far "refused to comment on rumour and speculation", however it seems that the second revision on original Wii hardware is imminent - a black shell with smart red trims. Aside from a teeny image at time of writing, there aren't any clearer looks at the new design.
However, the Wii Mini appears to literally be, rather small in form and is likely to retain core functionality without the rectangular bulk of the original Wii.
Be sure to watch this space for updates.