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They haven’t really talked about it, but Nintendo are also creating a Paper Mario game for the Nintendo 3DS. Like its predecessors, it’s being developed at Intelligent Systems. Other than that, there’s virtually no information available on the game, so infer what you will from the trailer and screenshots.
Actually, if you happen to have a 3DS, I’d recommend downloading the 3D trailers for Paper Mario, Kid Icarus and Mario Kart; they look pretty neat.