Miyamoto: Wii U Is Even Easier Than Previous Consoles To Develop For

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Mr Khan said:

Could also be similar to Pikmin 3, where Tropical Freeze would have been a 2012 Wii game initially (which would actually fit with Retro's usual development speed), but a combination of Retro being diverted for Mario Kart 7 and Nintendo generally diverting games to Wii U pushed it to the other side.

That's a very plausible; take away a few of the effects, like the water and fur, and scale it down to 480p, and Tropical Freeze could pass for a high end Wii game.