My suspicion is the following would've happened --
The SNES CD-ROM would've been released, had a few OK games and faded away into obscurity.
Nintendo and Sony ink a deal to work on the next-generation Super Nintendo (N64).
Silicon Graphics is not even in the picture, Sony designs the chipset for Nintendo.
System is a CD-ROM/cartridge hybrid console like the Saturn.
Panasonic releases the M2 console which becomes Nintendo's main competetion.







