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I actually think that this rumour could be true (doesn't mean I believe it) and that the console could succeed.
Wasn't EA's refusal to support the Dreamcast considered to be one of the main reasons for the faliure of that system and how much did M$ pay EA in order for it to start supporting Live back in the original Xbox days.
Also remember that it was Trip Hawkins that was reasponsible for The 3DO not EA, in fact didnt Trip have to resign from EA due to a conflict of interests.
Also hasn't EA been losing money for several years now, could this be them trying to break out of the cycle of deminishing returns. After all I think that Nintendos philosiphy is gaing more creadence within the industry.
Dont forget that Take Ubiarts 2 would have an almost unrivelled development base with which to support a console.



'You should try everything once in your life except incest, homosexuality and morris dancing' - Oscar Wylde (sort of)