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Pemalite said:

Not ideal, but the market has such fierce competition from Sony, Microsoft and Nintendo that it's honestly super difficult to break into it.
It's all locked down... Which is why seeing attempts from Atari, Ouya, Intellivision and more just fail to gain traction, even if they legitimately had some novel ideas.

This flat-out wasn't a good idea. Tallarico was ultimately marketing this to himself, to a market that doesn't really exist. None of those other machines were good ideas, either.

That doesn't mean you're wrong on the rest of it. Sega, for instance, would have a tough time breaking back into the market, even with a strong financial backer, a full-throated tech push to at least give it parity with the Switch that it can't really afford without said financial backing, and Sonic to help sell the system. The Amico was a complete disaster. Nothing could have saved it.