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In my view, New IP's mean nothing unless they offer something fresh, new and/or unique. If it is just a reskin of an old idea then it hold no more value than a sequel and can hardly be considered riskier.

Nintendo's initial handling of the Wii U is what got them to where they are. Everything from it's reveal, its launch, its marketing and the concept had setup the Wii U for failure.

The Wii U deserves what it got, but I don't think the sales of its games do.

Sony definitely deserves the vita failure.