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SonytendoAmiibo said:

Nintendo fans, in spite of hard facts, still jump on board the hype train, expecting Nintendo to actually release a competitive current gen system that can go toe to toe with the competition

Who ever said that?

I think pretty much everyone was considering a system that was less than MSony but close enough that 3rd party games were capable but would not equal what would be on XBO/PS4. 

This was based on very good data on what X1 is and is not capable of as well what already proven right rumor generators had stated NS vesion of that chip would be based on. In the end we know are very sure that NS is actually lower than the standard X1.

Honestly even at the now known levels and looking at what was in the K1  based shield tablet, its not impossible for 3rd party games to hit NS. I'd still wager we'll see the likes of madden/fifa/cod... basically the base yearly titles that go everywhere. What we are very much unlikely to see now that was hopeful earlier are the bigger one-off games such as RDR2. 

Guess we'll see what actually happens software-wise come Jan 12th. What should be expected by all is how amazing 1st party games will continue to be. Especially considering that it will contain all home and portable titles moving forward. I am certain we'll see the closing out of 3DS in 2017 as all software development focuses on NS.