So the Ouya has not even hit stores yet and already there is talk about Ouya 2.0, 3.0, and more! The $99 console, which releases officially in June, will have at the least a processor upgrade every year. According to the Ouya CEO they will be keeping it at the $99 price point but utilizing the latest processor technology they can acquire. This is similar in part to the cell phone market where phone upgrades come nearly every year. Since the Ouya is targeting the Android market this makes sense as developers will be developing for the latest phones and thus the Ouya can remain competitive.
Expect the Ouya to hit stores in June. Pre-orders are being taken and it will set you back only $99.99 and you will get it in April.