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No I imagine there are things like the NES Mini and other devices that are floating around Nintendo's R&D that never get released/we don't know ever find out about.

In this case they're releasing it because basically they're not planning to sell many Wii Us for the console market. If Wii U was doing well or even "just ok" this probably never would've seen the light of day. Tegra X1 is way overboard to emulate some NES games too.