To me at the time, it had felt like Nin had given up. The fact that they clearly weren't worried about the specs that much gave me a poor impression. Now truthfully they hadn't exactly given up, but had decided to take a different approach to gaming, focusing way more on gaming interaction innovation instead of things like GPU flops. While that probably would have seemed acceptable to me otherwise, with the 360 and PS3 to compare it to, it felt like Nin had lost it's way. I was younger though and gaming is and was still based around a power narrative. I mean, Nin Power, right? With third party also fading away from Nin consoles, Wii was pretty much the nail in the coffin for me.
Switch was intriguing though, even if only a hybrid mobile type device, since it's a relatively powerful one at that for a fairly reasonable price. I can see Nin trying to find a balance between power and a blue ocean strategy now.