Most likely they will just drop backwards compatibility with home consoles. I think a ARM based architecture across both make the most sense for handheld/console architecture. I seriously doubt PowerPC is really suitable for a handheld system. They would need to spend a lot of time modernizing the architecture for the needs of a low power, battery based device. AMD are developing some ARM based designs, so they could provide a design for both systems. ARM is a scalable architecture that is just as prevalent as x86 plus Nintendo already use it for their handhelds.
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