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I definitely think it's highly preferable to launch in 2024, but if it's not ready, then I don't think an early 2025 launch would be a worst case scenario. Their stock would probably take a hit, but it recently exceeded the Wii peak and has gone up and down during the Switch era. If they do launch in early 2025, then 2025 would easily be a bigger first year than Switch 1 because I could see 3D Mario, Mario Kar,t Animal Crossing, Pokemon Gen 10 and others (like maybe Mario Party) all in 2025 if the system launches then.