The argument is making a lot of assumptions that we know are going to be false. Who says Nintendo is going to have no western support next generation, no focus on online gaming, and will bring nothing new to the table? Who says that Sony and Microsoft have the right idea of what is going to sell next generation and Nintendo doesn't?
As far as name brands go, Microsoft and Sony have declined since 2006, Nintendo is now King.
Until the 3DS was known of, who would have ever thought that Nintendo was going to release a handheld that can be very easily seen as potentially more successful than the original DS. When Nintendo unveils the next console, it is going to do everything that the consoles today do, but it will have some unique features that the others won't. Nintendo is in a position where they do not have to worry about releasing a filler console like the Gamecube; and they are going into the next generation with a namebrand FAR larger than the namebrand they had going into the original DS.
I can't see PS4, PSP2, or Xbox 720 doing as well as they did this generation; they certainly will not be starting the next generation with the same level of developer commitment that they had this generation; Nintendo grabbed a lot of that; and now they're moving to Nintendo, starting with 3DS.
I describe myself as a little dose of toxic masculinity.
