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I still see this as primarily a home use device, just something you can pick up and move around the house, with a 1280x720 resolution display (much superior to the current Wii U).

Something that on the road maybe gives you 4-5 hours of battery life. 

It would be more of a Wii U revision, but one that simply gets rid of the console box entirely, but we're talking something that would be more in the range of $299.99 w/64GB of storage.