To be honest at this stage, a AMD 'vanilla' Nintendo console would just be kinda boring anyway.
Bring on Nvidia and Tegra, lets see something new and different. Embrace the hybrid concept fully and even embrace modular upgrading IMO (supplemental compute devices and all that). I wanna see a scalable platform, streaming not only to the TV, but even other mobile devices, swappable controller wings, the whole deal. If you're gonna do this Nintendo, then go all the way with it.
The industry doesn't need more of the same, especially if its going to be something in between a PS4 and PS4 Neo just with Mario games, that would just sell to the same group of 10-15 million people still willing to buy a Nintendo home console and no one else.
If they make a traditional console, then it has to out do the PS4 Neo and XB Scorpio now, coming in 2017 it's too late to just release some "oh hey it's a little better than the PS4! Aren't you excited?!". And that they wouldn't be able to do for under $400.
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