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Nuvendil said:

The big issues are cost, battery, and heat though.  I just don't see a means by which Nintendo and Nvidia could get anywhere near 1.5 to 2 TFLOPS while keeping the cost down, battery acceptable, and heat in check. 

Battery and heat are factors which don't apply as much in console mode, with power supply and more cooling options.
That said, the idea of "squeezing out" 1-2 extra TFlops is kind of cringe worthy.  A 50% boost vs. mobile mode seems high.