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No. Nintendo doesn't have any place on either of the twins. Nintendo is able to make the games they want because they have creative control over what they produce. Look at Sega. While they had their own console they were free to create whatever they wanted to, and it led to some of the wildest games of all time. A game where you play a dolphin. A game where you drive a Taxi like a madman. A game where you're riding a dragon.

Now imagine if Sega had their own console. Games like Persona 5 would be exclusive to it. Same with games like Alien: Isolation and Rodea the Sky Soldier (assume they keep Yuji Naka) and all the games from former Sega guys. Sega gets back some of their sports franchises and get the support of the annual shooters and Sega would have something very interesting. I'd take a Sega console over a Sony console.

If Nintendo was 3rd party many of their fringe franchises would die, along with many of their main line franchises. Captain Toad never would have happened. Same with games like Rainbow Curse (would at least require a move controller which makes it fringe at best, impossible at worst) and Yoshi. I doubt that a game like Kirby's Dreamland would even make a dent on another console.