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Shtinamin_ said

I dont think they would bring in a new SKU model at such a late stage of the console's life. They have done it before with the GB bringing in the GBC, but that is a handheld and was due to the failure that was the Virtual Boy. If they bring in a new SKU, why would they replace it so soon with a brand new successor? I think option 1 is the most logical.

Actually, it is Nintendo MO to release a new SKU this late in the life cycle. 

- New style NES releases two years after SNES released. 

- New style SNES released a year after N64 released

-Gameboy Light came out the same year the Gameboy Color did, so that's two revisions of a console 9 years after release.

- Gameboy Micro released a year after DS released

- DSi XL released a year before 3DS

- Wii mini released a few months after the Wii U came out

- New 2DS XL came out a few months after the Switch came out. 

Pretty much the only consoles they haven't done this for are the consoles that didn't sell very well.