Is the new lighter DS Lite ready to be unveiled?

As proof of how popular the DS Lite has been Nintendo have not just been sitting around twiddling their thumbs, they have now come up with a lighter DS Lite.

An analyst at Pacific Crest Securities, Evan Wilson was able to get word from his inside source at DS redesign that it has already been done. The DS Lite is now supposed to be thinner due to the fact that the Game Boy Advance port has been taken away, it has a larger screen and has some built in storage. Will we see another handheld from Nintendo in the future?

To read more about the new DS Lite go to engadget.