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Not to be negative... but they're 6 years late to the party, and Orbis and Durango could blow it out of the water, and will at least be significantly more powerful. There's only a small chance they won't be. And do not reply to this with "sure if you want them to release a $600 console," because that's not how expensive it'd need to be.

edit: That said, Nintendo pull some amazing tricks with their own hardware, so I can't wait to see how first party games look when they take full advantage of the system.