I sort of feel he isn't being completely honest with that take.
I mean aside from the storage medium of the games, the N64 was the most powerful in terms of 3D graphics and the GC while not stronger then the Xbox, was stronger then the PS2. Don't even get me start on the skirmish they had in Japan with the Wonderswan devices and coincidental rapid releases of Game Boy Color and later Advance.
Maybe this is because they came after the competition but before these devices were made to compete and exceed the competition. The Wii outside of the original NES itself and the handheld line, is the first main home console device they ever purposely undershot the specs on. For their own sake, I hope the actual team working on hardware specs isn't buying Miyamoto's vision and working to at least get the NX to level of being competitive because we've seen with the Wii U and later day support of the Wii itself what happens when they don't even try to be beyond the last generation's hardware and call it the next.
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