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I read this article way back when it was originally written ...

Unlike the other console developers Nintendo is (essentially) a videogame developer who designs their hardware to make their software vision possible. Myiamoto's vision is unmatched when it comes to new and intuitive controll schemes and the ability to create new genres; his weakness is that he doesn't really understand the "Core" gamer market which Microsoft and Sony (currently) are focused on appealing to and thus the hardware does not represent their interests (high definition graphics, online gameplay, etc).