If you mean that the same game can be played on the handheld and console? Then yes. If Nintendo had this approach with 3DS and Wii U then they wouldn't have had to make 3DWorld and 3DLand. Same with DKC, Zelda, Mario Party, and almost every other franchise. They had to make a console version after they made their handheld version. Not only that if their concept works with whatever limited 3rd party support they get, then it will be a bonus.
A console version of Bravely Default? Yes. A Handheld version of Bayonetta 2? Yes. Stuff like this could stretch out the library for both systems. The tricky part will be to make sure that the handheld version isn't gimped enough to affect the gameplay.







