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"The value of the GamePad hasn’t been justified."

That's more of an issue than the name. Nintendo hasn't been able to sell the value of the gamepad to the general public whatsoever. On top of that, the cost of the gamepad brings the specs of the system down, which is something people can understand right away.

If you're going with a high-cost gimmick/innovation, you'd better have a plan for selling it. Other than Nintendoland, I can't think of much that put the gamepad over as an important piece of tech. Quite honestly, it seems like it was built with the Japanese market, and only the Japanese market, in mind.