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To a certain degree though even if they fail ... so what? I'll enjoy the games. I enjoy the Wii U, even if NX is just a moderate upgrade (2-3x the Wii U) I think that will be quite enough for very pretty, enjoyable games.

Nintendo's had an incredible run in the business and have been doing this since 1983. By the mid/end cycle that'll have been almost 40 years (!). Ronald Reagen was president when the NES came out, Michael Jackson was still alive (and black), the first Jurassic Park was still 10 years away from being made, the Soviet Union was locked in a cold war with the West, etc. etc.

If they can't make any traction in the business it's because the competition is just too fierce at this point. Nintendo is up against some very big companies, Sony/Playstation looks to have found their groove again, Microsoft is a massive corporation, and on the casual side you have the non-stop assault from Apple and Google/Android.

There's no shame in not being able to be able to beat these corporations. If they go down (as a hardware maker), I hope they go down guns a blazin' though.