I might have jumped the gun a little bit, and miss read a news post (<--with stupid). It's mostly speculation, but from the sounds of it, and the other rumor mills out there it's being cosidered an option.
Here is a better article I found from a better source.
Nissan chief planning officer Andy Palmer dropped some details on this new Z:
"On a replacement for the 370Z, he said: "I know what the powertrain will be and I know it will exist. It would be reasonable to assume it will have a downsized turbo engine. There will be normal and Nismo versions."
Nissan Is Probably Cooking Up A New Turbo Z