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What's in a name?  Give me what counts, (the inside of the console, which is) a powerful machine on par with the competition.  Remove any excuse from 3rd parties as much as possible, and the power issue would be a major one. 

If 3rd parties still don't want to bring their AAA games to Ninty, then give Retro the freedom to make a new IP  that features "realism", and that could attract the 3rd party MARKET, which in turn could attract 3rd parties again.  

Nintendo has to stop turning the other cheek and fight back, a powerful console should always be an automatic checkmark on their to-do list.  Nintendo is synonymous with games,, they should never cede any segment of the gaming market, when it is their primary business in comparison to MSony.  But if they continue this path of "weak consoles" they have to aim even lower than their launch prices and start at $199 for a NintendOnly box.