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Even if Nintendo makes a console that can compete with the PS4 and XB1 in power, it wont help them much. Its not the power of the hardware that's stopping third parties from releasing their games on the WiiU and that wont change by releasing a more powerful system...

Nintendo should wait until 2017-2018, then release a cheap console that's about as powerful as a PS4. Make great games, improve their online service and the Virtual Console and continue the good relationship they have with indies. The big third party developer ship has sailed. Make games for the people who want them.