Makes sense if true. With the Switch able to look as good as it does on the go despite it's very skinny size, it makes sense for Sony to release a really beefy graphical device. Curious to see what it looks like!
Still, with all the studios Microsoft aquired, I'm more leaning towards them for my non Nintendo purchase (unless I just upgrade PC parts). It's all about the software for me, especially if they make a proper Banjo game.