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Soundwave said:

I'm sure it will be relatively managable to port Wii U games, but direct hardware BC I would doubt it. PowerPC is old as balls and I don't think IBM is willing to update for Nintendo or put it on a modern manufacturing process without it all being a massive pain in the ass for Nintendo.

There's only like 10-12 games on the Wii U that absolutely must be ported anyway, which is probably simple enough. At these specs NX should be able to emulate any other previous Nintendo console so that's not an issue for legacy games pre-Wii U. 

Besides Nintendo (like anyone else) makes good money on re-releases, they don't make money on backwards compatibility. Getting people to re-buy old games at full retail is simply better for Nintendo even if it makes a few people on message boards squirm. 

BC saves Nintendo the time and money it takes to actually port these games, while allowing them to still make money on them. BC is the smarter business decision. It allows them to keep making money on hundreds of old games without having to port a single one from day one, and it means that they can keep adding to the VC rather than needing to start from scratch once again. It's not even comparable.