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For me, what I personally think they should do is build a system for $300, but build it with the best possible parts they can. Forget about backwards compatibility for one gen to maximize their consoles performance, which should get their consoles back on track for backwards compatibility the gen after that without nearly the sacrifices.

As far as will the NX be a disappointment if this is not the route they go? No, I don't just judge a gen by the hardware, and graphics have really gotten to the point of having to look at side by sides to see any differences (which usually only amount to "there is more particle effects in pic A", or "pic B has more shafts of light going through the trees"). If we get more of the games they are pushing with the Wii U, like Project Zero, The Devil's Third, Bayonetta, embracing the competitive Smash crowd, allowing others to try their hand on Nintendo's IP like Hyrule Warriors and Shin Megami Tensei X Fire Emblem, ect then I'll be on board the next gen train.

Power wouldn't mean much especially if it hits the mark of being similar to Xbone/PS4 powerful.