*Puts a smile on my face

You're so out of touch with the industry, Mr. Iwata.

I have learned to never underestimate the Big N through out the years. They always have something in their magical pockets.

Well, Nintendo is a japanese company after all. Still a kid by their standards, but a japanese company nontheless. They are here to stay.

He's doing what's right for the company. Anyone with any sense would know that investors would bail out after making a quick buck and the company could be worse off because of it. His decision is what's best for Nintendo and not what's best for those just out to make money.  

More companies need a president like this.  Is Iwata better than Kaz?  Being a Sony fan I'm going to say no, but still.

I think Iwata is doing a fine job. He's the only president of a gaming company to bring forth extremely successful handheld and console units in the same generation. He knows what he is doing. I hate people who criticise somebody that they can't do better than. It isn't like he hasn't been successful at all. Don't judge until you're in his shoes. You're probably somewhere eating doritos n' dew while he's working his butt off. Just shutup.

The resident analysts and CEOs of VGChartz would bankrupt Nintendo within 2 years if they had their way. The truth is that Nintendo's 'exclusive' 1st and 2nd party titles have a reinforced 'value' exactly because you cannot access these games on other systems. If Mario was to suddenly be available for every console, there would be a short-term surge in profits and software sale numbers, but then you would quickly see sales slump reaching the unsustainable levels Sega Sammy has been facing for the past years.

There are 96 million+ Wii owners out there.  Are you telling me they ALL threw out their Wii motes?  Plus, you can't drop the price of a console by ADDING peripherals to the box.  While a price drop on the deluxe version would probably help, I can't see a $100 price drop, plus the addition of an extra controller.

I hope he continues to disappoint you. As, obviously, your disappointment in him means a success in their strategy. Staying in control of their IP's and their consoles is the best choice, as of now and probably for a long time.

And that's the main problem; their release schedule is stretched too far out. All Nintendo really needs to do is hire more veteran employees who know what they are doing. More games releasing means more money and more "relevance."