I doubt far superior. Of course cost to performance is simply measured by time. The longer you wait, the cheaper you'll be able to produce the same product.
Within the next few years, it should be very possible to produce a PS3 equivalent hardware unit for anywhere between $200-300 (retail cost, not manufacturing cost, allowing for a reasonable profit margin per unit).
Speaking for myself personally, if the next gen Nintendo console had the same graphical capabilities as the PS3 or 360, even three or more years from now, I'd be satisfied.
Besides, Nintendo's successful angle this generation was not on the basis of making the most technically advanced system. I see no reason why they'd decide to change policy next generation and try to sell the most technologically advanced console yet seen at a price few are willing to pay. That was Sony's angle with the PS3, and no one will argue that was the winning ticket.
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