According to our ever helpful insider at Nintendo, we now have word that Nintendo has canceled the Fall Media Summit in North America.  The Summit was expected to happen in October, where a variety of news would be announced as well as the premier of a new trailer for the upcoming new Zelda game for Wii.

No word yet on a reschedule, but word is the Summit is being canceled since something they want to show won’t be ready yet.  Could  it be the Zelda trailer or something else?

[Clarification: Nintendo of Japan is still having a Fall Media Summit in October]