It certainly could hurt to ditch Iwata. As i've said many times before, Iwata is uniquely from the generation when people who made games had to make games worth buying, and know how to build interest in the business because they had to. Nowadays, there are generally two types in the industry: suits (businessmen who could just as well be in any industry, good with money and little else) or developers who have the idea that people have to buy what they make because what else are they going to play?

The specs for the sony console isn't actually that much of a jump above Nintendo's contrary to much belief. At this point the processor should be slightly better but we won't really know until the games that are system limited start coming out for each system. With consoles synthetic benchmarks are pointless. Also the argument that it has 8 cores as opposed to 3 doesn't mean all that much either. Look at the 360 with 3 cores to the PS3 with 8 cells, but they perform similarly. The gamecube spec/number wise was inferior to the xbox but out performed it. Same thing with intel vs AMD. The last couple generations of chips, the intel chips clock for clock were thrashing AMD's when they were supposed to be similar in performance. Or the opposite was true when AMD had their origin athlon chips. The 3800+ (running at 2 ghz) as opposed to intels 3.8ghz chips performed similarly even though there was such drastic differences between the clocks. 

As far as the RAM in concerned, most games on PC don't require more the 1 gig of gpu memory (which is what the Wii U has dedicated for games) for example, Bioshock Infiniti, and Defiance. Both will run on 512 mb gpu ram, but recommend 1 gig. Admittedly, they really should have went for at least 4 gigs I think for a bit of future proofing. Don't forget this is 4 times the amount of GPU ram that the PS3 had, and depending how the memory was allocated on the 360 at least twice as much (the 360 has 512 mb RAM system wide so it's shared between both the cpu and GPU but I don't know the allocation). 

I digress. We won't know till everything is released and games are made for the system. Maybe Nintendo is already planning on releasing a mid gen console in 2-3 years instead of 5-6 like a normal generation. 

I get that, but I think Iwata needs an attack dog by his side to kick up some stink. 

If i am wrong please correct me, but didnt he(Iwata) take over about the time gamecube was launched? and yes the wii was successful and he gets credit for that being the CEO at that time, however, failures should be pinned on him as well, and the wiiu is just that. its a bad spot for nintendo, and he should be held responsible as such.

On a side note:I think nintendos 3rd party support has suffered alot and nothing has been done with it since he has been CEO. I think they just need better vision. Some have it and some dont. i do not think he does, i can look at the nintendo network and what games are for it to see that, and yes its better but years behind M$ and Sony figured that out and got to work, nintendo seems to be dragging thier feet, in my opinon of course.

even bill gates was wrong to dismiss the internet back in the 90s. it happens, but make changes to fix it dont just keep going in that same direction.