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Nintendo's games on Wii U already look pretty great to be honest.

If they can find a way to get Wii U level hardware performance from a mobile chip, I'd be fairly content with 3x the performance of the Wii U (meaning just throw three of those processors into a small box and call it a day).

That's a nice sized upgrade.

Nintendo doesn't want to compete with Sony or MS, so making some expensive uber-console is not happening, something cheap that still looks great and probably has a few (cheaper) gimmicks thrown into the box .... I mean if its coming in 2017 .... wouldn't be the worst thing in the world IMO.

The GameCube to Wii jump sucked because there was like literally little/no hardware upgrade, if the next NX console version punches in at the 750-800 GFLOP range even, that will be a nice upgrade over the Wii U.