Cartridge based
Operating system only starts if console is started without cartridge
No HDD, but a solid-state soloution
SD card support
Built in Wi-Fi for Online
Controller is the Sega Saturn controller with two 3DS-like slide pads positioned similarly to the Wii classic controller. Optional magnetic-based motion controller for sale or coming bundled with a pro console pak or compatible games.
Processor in the 2.5-3.2 GHz range, GPU
If I had studios of my own, I'd push them to make a Turok Rage Wars styled shooter with a long campaign and online similar to Halo 3, a dinosaur-themed 2D platformer to represent the system, a Zelda-style gameplay-focused adventure game, and a 2D FF-SNES-style RPG as launch titles.
Selling old tech cheaply and betting on innovative and fun software would be the philosophy of the system.
I LOVE ICELAND!
