Ew no. They should work out an agreement where Nintendo makes games exclusively for Sony hardware and is treated like a first party studio as far as access to hardware specs and everything but not forced to do anything they don't want. In other words, even though by all accounts Sony doesn't force stuff out the door or overly pressure their first party guys, Nintendo would be able to make whatever they want and not be pushed as far as deadlines and maintain a degree of autonomy but keep being able to develop for ONE system (simpler) and Sony would get to advertise all those great IP as exclusive. It would give Nintendo a bigger install base than ever along with more advanced hardware and better and more extensive online. The main problem would be Nintendo doesn't like to lower software prices which Sony is prone to do after a little while.
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