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I've pitched this idea before (to myself)...

Redesign the console to look like anything else...it really doesn't matter what it looks like. Make it matte finish and black. Call it the Nintendo U and follow this with a HUGE marketing push...

Thats the best you are going to do for now...it solves a few problems and the rest is already set in stone. Everyone knows they wont sell 100mil again. They just need to get to profitability as soon as possible (AKA no price cut!!) and sell as many consoles as they can