I'm not that crazy about Iwata-era Nintendo period to be honest. I still like Nintendo's EAD dev teams, but 1990s Nintendo >>>> current Nintendo IMO. Very early 2000s was OK too I guess, but by 2003/4 IMO, Nintendo has never been quite as good as they were from 1990-2001.
You would not see games like GoldenEye, Killer Instinct, Wave Race, 1080 Snowboarding, Star Fox, being made in the modern environment that Nintendo finds itself. Iwata's Nintendo does not trust Western studios to be able to develop anything but established franchises, and even then they're like a dog on a leash, only allowed to work on one game at a time. Retro Studios wouldn't exist either I don't think, the only reason Retro is around is because Howard Lincoln invested in them in the 1990s and Iwata kinda got stuck with them (he did get rid of Rare though).
The only risks/chances Nintendo takes nowadays is on soccer moms, who have all ditched Nintendo once they found games on their iPhone, and Nintendo can't compete with Apple/Android for adults, they just don't have the "cool" factor going for them (and they can't market for sh*t either).
