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I would make sure the console is designed with simple components, that will become cheaper over time.
I would drop the gamepad (so far havnt seen a good reason to keep it), and it jacks up the price of the console too much. I would go back to the Wii mote motion sensor design, and consider VR headsets in the future for it, if the console sells well enough.

Put money into hands, that develope a Super Mario RPG 2, and maybe a new Chrono trigger.