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IMO. Nintendo is just out of the loop from competing. They are now going for halfwaygen of MS/Sony.

Nintendo is at a great advantage in that, they can release a system that actuall do 1080P @ 60fps instead of the current half HD systems.

They won't be outdated neither since we aren't going anywhere beyond 1080P for a very very long while.

That means, even MS/Sony release their systems in 2015, they are still stuck with 1080P and cannot have the graphical advantage even they are 3 years late.