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Soundwave said:

A fairly powerful handheld (Wii U++ level visuals) that can also double as a wireless home console that can wirelessly send a video signal to the TV (the reverse of the Wii U) I think would do quite well for Nintendo possibly. Add in a new type of control input as a bonus, and you have something that's fairly unique to the marketplace and well worth even $250 (especially if Nintendo is bringing big guns like Zelda NX and Mario NX to the launch window). 

Something like that may even allow for scaled down PS4/XB1 ports as *portable* titles. Think about it, 960x540 for example only requires 1/4 of the pixels a 1080P game does, Japanese devs in particular likely would support a machine like that very, very strongly.

This may be why we've already seen Square-Enix name drop NX for Dragon Quest XI.

No, a moderate upgrade on the Wii U may not be a big deal to some ... but can you put your Wii U in your coat pocket and play it on the subway? Didn't think so.

I could see a 720p screen, that runs Wii U-caliber graphics at native res, and if the dev wants to push it harder (like PS4-ish visuals) then they can drop down to 960x540 resolution. That would work well enough I think.

@Bold I wonder what the power consumption is on that thing ...