False. The Ultra 64 was running games in 1994(Killer Instinct and Cruisin USA.) as arcade hardware. The Nintendo Ultra 64 console was made playable to the public in 95, but it was the same main tech that was in the arcade machines only with a few downgrads in the area of storage and memory.

Its the same with the Sega System 16 and Megadrive/Genesis, as well as NAOMI and the Dreamcast.

The N64 was 1994 technology.

Of course Reggie has to take this line. He wouldn't be much of a businessman if he admitted defeat before Nintendo's new system even comes out.

That being said, he's right. Does anyone seriously think Wii U sales will dry up as soon as Microsoft and Sony release a next generation system? Nintendo offers things that the other two don't offer.

Even if Microsoft and Sony emulate some of the Wii U's features -- Miiverse, asymmetrical gameplay, Nintendo TVii -- they can't just borrow Mario, Zelda, Wii Sports, Pokemon, etc.

People will want to buy those games, and the system that supports them. I imagine Nintendo will unveil a slew of high profile games at E3 2013, including the next Zelda and the new Retro project. That should steal a little thunder from Sony and Microsoft, if they are indeed launching new systems in 2013.

Exactly. There was nothing wrong with the Wii, but they can't just make a U-turn like that.

You miss my point completely. By not offering such titles Nintendo wouldn't really be in competition with the other platform, in such a situation those who seek the best of the best 3rd party titles will either have to pick up PS4 or 720 (similar to how this gen panned out). I don't doubt their ability to move their own software but without a wii sports, or wii fit quality title on the horizon to draw in a new audience and with the core gamer arguably satisfied with their current systems or at least content, I don't see the Wii U fairing as well if they fail to get Next Gen-3rd party support. Thats not to say they'll fail, just underperform.

True, but N64 came out over a year (and a half [Japan]) after the PS1 so it was bound to have better specs - although I'm unsure if it was underpowered compared to how it was hyped during the Ultra 64 vaporware days or if the cart format really held it back. 

Sticking with carts certainly cost them the gen and is the reason the PS1 took off like it did.

I'll believe it when I see it, show that you can do it and I'll buy your system.

Damnit! You made me think Millenium came back!

I like that Reggie is so confident. I like that Reggie is talking like this. They really seem to be fixing the mistakes from last gen (with Wii's lack of 3rd party titles due to the power disparity). I hope it holds up.

They'll fend of 720/PS4 easily because #1 they have at least a year head start on the competition, #2 they'll be the cheapest console again, and #3 their competitors won't have a huge advantage in raw power again, as most 720 / PS4 games will only look marginally better than what the Wii U is capable of.

Anyone who thinks PS4 and 720 will be able to do stuff like the Unreal 4 demo at launch are gonna be in for a big disappointment.

I think the 720/PS4 will quickly outpace the Wii U visually though.

My PC with a GTX 570, which isn't exactly bleeding edge anymore, but still a decent card, can take even a middle-of-the-pack game like Sonic Generations and make it look noticably better than the PS3 version. 1080p + tons of anti-aliasing and other effects make a difference.

For higher end games, I think the difference will be even more noticeable.