The first argument is laughable in my opinion. If Nintendo could make games with SNES graphics at this day and gamers would buy them, then more power to Nintendo. They don't have an obligation to make cutting edge stuff, that should be what gamers want. I WANT powerful consoles with graphically intensive games, that is why I bought a PS4 and skipped the Wii U. I voted with my wallet. That is the only vote that counts. But if a game company can make amazing gameplay experiences with constrained hardware and keep managing to sell them, then they are doing something right somewhere. Sure I'd like for them to make powerful hardware, but the audience needs to vote for that with their wallets.
Besides that particular point though, I found your arguments rather interesting. I definitely do agree that Nintendo does have enough money to solve the issues with their online infrastructure and 3rd party support, but they never do so. Their treatment of 3rd parties is one of the reasons why Sony was able to dominate at a time when Nintendo should have clearly won. I don't think these are as apparent, but tells the truth nonetheless.
