At the moment, Nintendo's strategy is absolutely spot on. They're playing to their core audience with well polished nostalgia, have created a console (thank God) that is easy to port to (I told a friend it's what they needed to do, and they have), and they're pushing hard with innovation and imagination to the younger demographic. It's faultless, a masterful demonstration of Nintendo of old.
With Sony's strongest exclusive software to come, it's going to be a two horse race and it suits me just fine when it's between the two companies that made this industry what it is today.
The PS5 Exists.