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Declan said:
Combine the home console with the handheld so the handheld is just an extension of the console, doubling up as a controller a la the gamepad. No separate software development. Both come in the dame box (extra handhelds only purchasable via the home console nintendo dhop and esch handheld having to link with the home console regularly).

This. 

It would prevent software droughts, since Nintendo doesn't have the resources to support two systems without gaps.  It think it would be a success.  I certainly would love to have the ability to take Wii U games on the go instead of just a 30 foot or so range.