A singular Nintendo console is pretty much doomed to fail IMO.
It has to be cheap and kid friendly because Nintendo cannot divorce themselves from their family roots.
But if its cheap and kid friendly that means weak hardware that will be easily outclassed by XB2 and PS5 soon enough and likely not much better (or even worse) than the current PS4/XB1 which are going to be cheap enough by next year.
It will get little/no third party support, developers are not going to support another underpowered Nintendo console again, especially after the disaster of the Wii U most will opt to "wait and see" with it, which means it will never have support, because it becomes that whole chicken/egg problem.
I'm becoming less convinced too that the appeal of having all Nintendo games in one place is neccessarily a boon to the *console*. It would help the handheld out moreso IMO because most Nintendo fans even only buy the handheld (3DS is outselling the Wii U what? 5 to 1?). Once you can get all the same Nintendo franchises on the handheld, a lot of people I think will actually just say "I can already play this game on the handheld, I'm not buying another piece of hardware just to play the same games on my TV, I can put this $150 towards a Playstation that actually has all these other games if I want a real console".
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