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Soundwave said:

They may as well go with a gimmick focused console at this point, they simply can't compete with Neo/Scorpio on power so that opening is basically closed to them.

I just hope the chipset isn't a complete piece of crap like the Wii was. Gimme 1 TFLOP + 4GB of RAM (which is freaking low) and I'll be OK, that's at least a decent upgrade over the Wii U.

Whatever the gimmick is it better be something spectacular and easy to understand. 

At this point, you'd think it would actually be cheaper to make a console in the ballpark of Xbox One power-wise than one that's still in the same league as Wii U. Yeah, older parts drop in price,  but there comes a point where the standardization of manufacturing counteracts this. E.g. Making a console on par with the SNES wouldn't be cheap these days cos you would have to specially make parts that aren't being built any more.