This sounds similarily bad to the actual Wii U. Hardware sold at a loss all the same, same (actually worse) first party droughts combined with being an immediate no-go in comparison to the PS4, because this hypothetical console would be missing out on most multiplatform games from the get-go.
$350 for the actual Wii U, including a game, was a tough sell already. But $400 for a console without a game included, a console that was going to miss out on most multiplats is worse. This would have likely sold less than the Wii U, because an early (and necessary) price cut would be even harder to stomach for Nintendo than it was for the real Wii U. Not to mention that PS4-level of graphics would have led to even more delays for Nintendo's first party games.
Legend11 correctly predicted that GTA IV will outsell Super Smash Bros. Brawl. I was wrong.
