"Underpowered" is a subjective term based on the goals of each individual development team. Clearly it's powerful enough for whatever Nintendo has in store... but that's about it. :/
3DS Friend Code: 0645 - 5827 - 5788
WayForward Kickstarter is best kickstarter: http://www.kickstarter.com/projects/1236620800/shantae-half-genie-hero