If I understand correctly.
If Nintendo used the GameCube strategy of; being just like the competition in every way with the bonus of exclusive content. Then I believe.... NO!!
The best thing about Nintendo is they innovate. Sony can't, AT ALL, so they copy and tweak. It worked for Sony because they knew what's "Cool" and what's not. Nintendo would need to go full-out ULTRA 64 style for that strategy to work.
Besides, they would rather use their imagination than compete in the expensive graphics arena.
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