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Hiku said:

Are you saying that most of the criticism you see towards Nintendo is baseless bashing, because it's the cool thing to do? If so, can you show me one of those topics? I think most of the criticism I see against Nintendo is constructive criticism, and much of it even comes from Nintendo fans.

But the way you're describing the event only tells a small part of the story.
You say people started laughing at Nintendo around the PlayStation 1 era. Well I actually think at that point it was more crying than laughing. Because where do you think these people came from? They came from Nintendo, or Sega. Were they laughing because they could now play games with realistic cars on PlayStation vs cartoony characters on N64? Or were they sad because Final Fantasy, Metal Gear, Street Fighter, and pretty much all the third party developers left Nintendo, the console they used to game on?

But sure, Nintendo also made some decisions that people made fun of. That always happens if you give people ammunition. People were photoshopping pictures of the $600 George Foreman grill fat PS3. And making gigantic pictures of Xbox, because it's so "huge". Or giving them a hard time over their DRM policies, etc.

Thing is, it's been several generations now, and Nintendo just never listened. And when people's voices are ignored, they start shouting.

This.