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Whether the leak is right or not, it seems like the right time for new hardware. Pretty much all of their A tier franchises, and most of their B tier franchises have launched on the Switch. While they sometimes do release sequels on the same console (Totk, Mario Galaxy 2, Skyward Sword), Nintendo generally tries to keep its major franchises limited to one entry per system. That way when the next entries come out for new hardware, it's been long enough to get excited for it. I think if they did it this year while they still have a lot of momentum, that would be a great choice. Better than trying to wring out every bit of life from the Switch and launching with less positive momentum.