R&D in the next gen console is already going on I'm certain, and for sure they'll well support that. But right now Nintendo has an obscene amount of money to play with and I'd suspect they'd bought out a major studio they feel could bring them new games and help them have a steady supply of games for boths systems at all times.
Most likely: Square Enix - FF, DQ and KH exclusive to Nintendo would kill Sony, period.
But there's many other major studios suffering from huge investments into PS3/360 with less than expected returns and would be ripe for a buyout. Factor 5 perhaps. Take Two would be another, and that'd certainly add a totally different dimension to Nintendo's line-up. GTA only on Wii/DS. 2k Sports titles Nintendo only (and better quality), etc.
I also expect more Wii channels, even at a loss, as Nintendo seeks to not only win over Microsoft/Sony but traditional TV as well.
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