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Nintendo would some kind of wonder machine at a low price and multiplats to even begin thinking about really entering Sony and MS's market.

Most of the times i can't tell when it's a PC or a XB1/PS4 game that i'm seeing.
XB1 power is more than enough for Nintendo and whatever 3rd parties join Nintendo.

MK8, 3D World and BoTW look amazing despite Wii U being clearly inferior to the competition.
Even if they release a console that's below Scorpio or PS4 Pro, the difference won't be so great anymore and games released on it will be awesome (nevermind Nintendo's own games!)