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I don`t agree aswell.
What company has so many great franchises that are loved by millions? Imagine if Nintendo stopped making use of them and spent their time developing just new franchises or even going half old, half new franchises. People would always complain that their beloved franchise wasn`t getting attention.

Even if Nintendo uses the same franchises every generation, you don`t see them overusing them. There were 4 mainline Halo games+Halo wars+Halo 1; 3 Uncharted games, 2 mainline GoW games+PS2 remakes; 4 Gears games.
I don`t hear the same considerations towards the companies or those franchises. Yet people accuse Nintendo of not doing something new like Excite Truck, Wii Sports, Wii Fit, Wii Music, Brain Training, Nintendogs, Endless Ocean, Rythim Heaven, etc.