Leadified said:
In that case risk is definitely reduced and GameFreak/Nintendo would have something to fall back on, the only issues now is cost since your idea sounds rather ambitious, and do not follow the current formula which is probably why I think Nintendo would be hesitant. If they had a smaller project which was hugely sucessful then I think they would be more onboard.
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I think that Pokemon is one of the few franchises in the industry that can afford to do something like this and profit big from it. I think people by handhelds to just play Pokemon. I don't just think the software would be successful, but the hardware as well.