If you like Nintendo exclusives better than third party, second party, and first party from other companies then what Reggie says applies to you. If you don't the chances are you'll overlook Reggies statement. He has to say this to make Nintendo seem relevant without some gimmick, because without third party they'll surely need one to catch up.
Sure they have great exclusives, but their console is $100 cheaper than the PS4 and $50 cheaper than the Xbone (This holiday) while being on last gen level tech and lacking third party support. Its going to be a tough sell to consumers this holiday season unless they are Nintendo faithful.