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Mr Puggsly said:
Here's the difference compared to something like PSP...

Switch was designed from the ground up to work as a home console. Not only does it connect to a television, it supports multiple controllers for local multiplayer, it will have split screen games, etc.

The PSP was designed to a be a true home console. TV support didn't come until the second model, PSP games only take like 50% of the screen, and it only does single player. Simply connecting to a TV doesn't make PSP and Switch equal.

The iPad or any number of Android tablets can do everything you described. I don't consider them home console. 

IMO it's a home console if it's actually competing in the home console market. This is really not. This is going to be largely something supported by 3DS and whatever is left of the Vita base, every aspect of its form factor/design is for portability (screen, LCD, tablet design, tablet GPU, tablet CPU, detachable controllers so you always have an extra controller on the road, kick stand so you can stand it up away from the TV, etc. etc. etc.). 

Nintendo would prefer to "brand" it as a "home console" for the time being because they still want people to buy 3DS this holiday season. I'm not even sure if this is Nintendo's global branding policy for the NX, because I think only NOA referred to it that way.