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AngryLittleAlchemist said:

When Nintendo's biggest teams trying to make new IPs results in Animal Crossing, Splatoon, and ARMS (which admittedly is kind of a mind-share failure but sold well enough), I don't think we get to use the "I don't need a new ip just for the sake of it!" excuse anymore.

Sorry, but there's more than enough precedent in terms of quality and sales that show Nintendo's new IP initiatives tend to work when they actually try to make something big with a big studio behind a project. Even better, a lot of them end up covering niches that are either not covered already in their ecosystem, or even rarely covered in the console space as a whole. Sure, a lot of their third party partners' new IPs just end up being quirky little 3DS/Wii U/Switch titles, but those aren't resource intensive and don't seem to take away from other pipeline products. Even the most recent example of Nintendo trying to create a big new IP with a very credible studio behind it resulted in their first 1 million seller with PlatinumGames, after a 7 year long partnership with the company. The Switch and Switch 2 are not the time to be resting on laurels.

If anything, I think the problem is sort of that their third party partners and smaller first parties have to pull a lot of the new IP weight. The idea being that because Nintendo only has like 4-5 teams which make huge console sellers, and because Nintendo has many big IP, they end up having to make a lot of games in the same series over and over. But, I think this shouldn't be the case. Maybe like, the Splatoon and Animal Crossing team could just work on those franchises. But what I really hope is that, the Mario Kart team doesn't take the relative mediocre reception of ARMS to mean they should just not try to make new IPs (Arms 2 doesn't count). Also, since most of Nintendo's team were able to make 2-3 games back in the Wii U/3DS era, and since the Odyssey team released that game in 2017, it would be nice if the Mario team were also allowed to work on a big new IP. Though, I doubt that will happen, and I won't exactly complain about an Odyssey 2. 

Animal Crossing is like a 20 year old franchise...

The more new IPs they make, the more current IPs will be cast aside. F-Zero, Kid Icarus, Punch-Out!!, Earthbound, StarTropics, Wario Land etc...

Ill take any of those over games like Labo and Arms.