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I think you're right. Iwata said as much, that a unified OS will allow porting of assets from handheld to home and vice versa quicker to avoid droughts at launch. I think it will go the other way too. Nintendo's next home console will get upgraded versions of the new handheld's games when it launches the following year. We're seeing hints of this already with 3DLand/World and Smash for U and 3DS. With the unified OS, it will become much easier.

(and no, I don't think the next home console will be a "terminal" - I think it will be its own property and more powerful ( or at least different) than the handheld, but will be linked and similar to the portable)