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Louie said:
I think they are positioning it as a lifestyle product. This console is a lot closer to the Wii than it is to the Wii U. It will also have a ton of Nintendo games. Maybe they are just really confident and don't want to repeat the Wii situation where they could've easily charged double the price and made a lot more money.

Maybe, but it feels more to me like they've given up on expanding their market and just want to rail as much money out of their existing fans as possible. This looks a lot more like the Wii U than the Wii to me.