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I'd agree somewhat if Nintendo took any form of financial risks in their consoles. There is absolutely no excuse for them not to be competitive on the hardware front, other than a complete fear of the potential negative side effects, that in essence is the exact opposite of 'ballsy'.

Nintendo certainly follows their own creative paths and doesn't die on the vine for third party support. So to that extent they're 'ballsy'. Nintendo literally makes a console with 10 year old + technology and re-brands it as a new console and you call them 'ballsy'?

They aren't ballsy with their pocketbook, which in regard to any business is the 'biggest' way you could be ballsy.