So it seems like the cat’s out of the bag, or rather Nintendo and Mega 64 have released their collaboration video for E3 of this year. It’s totally bonkers, and pretty fun to watch.

If you don’t have time, or you simply don’t like fun things, I broke down all the boring details to be found in the video. The biggest news to take from this video is that Nintendo is holding a Super Smash Bros. tournament at E3 this year, and that they’re also holding local regional tourneys across the nation via Best Buy retail outlets.

There will also be live streaming by the Nintendo Treehouse people during the E3 convention. Quite possibly the biggest news, however, is that it seems that Nintendo is not holding a traditional press conference at the show, instead they’re opting out for a Nintendo Digital Event, which will begin at 9AM PST on June 10th.

Here’s the official press release:

Every year, Nintendo looks for the best way to show its games and share its news with fans, media and other key audiences. In 2013, Nintendo decided to forgo a traditional press conference and use a video – in that case a Nintendo Direct – to share its news from E3. The company is building on that approach at E3 2014 with the “Nintendo Digital Event,” a new kind of video program that will reveal and provide further detail about the gaming experiences on the way for Nintendo platforms in 2014 and beyond. The Nintendo Digital Event will air at 9 a.m. PT on Tuesday, June 10.

What do you guys think? Is it bad for their image if they don’t have a formal presser like Sony and Microsoft are presumably going to do?