You can see here that the product is ready for merchandising and yes, it will be released for the Spring 2016 season. What that translates to is that you will possibly see them on shelves ahead of Christmas 2015 as some stores work to get their product out early. BTW, it's set for a suggested retail price of $19.99.
Some people are already pegging this as "gimmicky". I guess that depends on your description of the word. Everything innovative could be called "gimmicky" too, but that doesn't always have to carry the negative connotation with it.
I also appreciate that they left the priming handle in the good old fall back spot. Anything else would probably just be in the way with this particular design.
The official deets from Nerf PR:
N-Strike Elite Dual-Strike blaster
(SRP: $19.99/Available: Spring 2016)
- Fires both Elite and MEGA darts
- Selector switch to choose MEGA or Elite
- 6 dart capacity (includes 3 Elite darts and 3 MEGA darts)
More pics spam below! ~Chris