Ps4 performance with a $250 price tag and an awesome launch lineup, yes.

But seriously, Nintendo should shoot for $250 at all costs. No more than $200(preferably $170) for the handheld. I think the Wii u has proven that Nintendo absolutely needs that price advantage above all else.

The problem with this is by the time late 2016/2017 rolls around the PS4 itself might be in that price range too. So it won't be cheap, it'll just be similar to the other two, just without the hundreds of games both will have by then. 

This was kinda the issue with the $99 GameCube ... yes that sounds cheap ... but then you realize the PS2 was $179.99 and played DVDs with more games and you can begin to see why not a ton of people were swayed. 

Depends when NX releases but 2017 or later, then no. At least 1,5 times more powerful than PS4 and releasing at $299 should be very much doable in 2017. And that's the very minimum...

I don't see what PS4+ power is going to gain Nintendo, most of their franchises aren't super graphic intense games so it's kinda a waste for Nintendo and I don't see the mainstream, western developers releasing games on for Nintendo or them performing well even with a PS4.5 level console.

I think that if Nintendo is serious about going head-to-head with Sony and they want to acquire another company then it should be a company like Square Enix.  Companies like Sega and Capcom just have too many of the same type of mascots that Nintendo already has and Platinum and Atlus are already making lots of games for Nintendo platforms.  That said, if Nintendo could wrestle away franchises like Final Fantasy and Kingdom Hearts from Sony, that would definitely do some damage to Sony and would show other 3rd parties that Nintendo is a serious contender again.

Of course, if Nintendo is going with a "new concept" for the NX and isn't directly competing with Sony, none of this may apply. (only time will tell)  

They literally have described the NX as a "new concept" already. 

Nintendo isn't interested in competing directly with MS/Sony, I think that's more than abundantly clear. What their fans want and what their own internal corporate company politics are also are two very, very, (very) different things many times. Just because fans enjoy their games, doesn't mean they have any idea how Nintendo actually thinks on things corporately. 

The gamecube at $99-199 actually proved otherwise.

The Wii U's biggest problem is not its price.

History has shown that people aren't interested in secondary consoles just to pick up a few great games from another franchise (mario kart, zelda etc). Otherwise N64 would have sold hugely, the gamecube even more, so would the original Xbox. The price is irrelevant unless they make their system relevant. Either it needs to be really unqie (wii) or make it powerful and try to kickstart the next generation (Xbox 360)

Agree. To be more precise, I think Nintendo needs to be accessible above all else. Price is not the only thing that matters but it's a key point for accessiblity.

Edit: Also Nintendo has to be immediate, it has to offer value on day 1. The next console should launch bundled with the next Mario or Mario Kart with it IMO.

PS4 is a fairly weak console, so the answer is "no".

I would like them to go something like 3-5x PS4 raw power and using X86, although I don't see it happening.

No, but they are going to look in their self-interest. They are going to ask Sony or MS for deals, and if they find that it is an environment that is not conductive to productivity and profit-making then they will reduce their productive activity so that they can increase their profitability. 

The PC might never outpace the console market, but we are starting to see a path where the third parties use PC as their secondary platform for sales. Last generation nothing was really too exclusive between the consoles, and in this generation there are "console exclusives" with PC acting as the other platform to pick up sales. This motivates MS and/or Sony to try to appease third parties, and one way of doing that is creating a console that will allow certain larger third parties to benefit, when the market is asking for said console. In 2021, most people would have had 4k televisions for years. It makes no sense that games would not even to meet 1080p on a consistent enough basis. Third parties will realize this, and consumers will realize this. Third parties out of interest of pleasing said consumers will pressure Sony and MS, and if Sony/MS refuse then third parties will be content with making cheap sequels and AA games as opposed to big AAA releases. This will negatively affect Sony and MS who would have to pick up the pace with first party software.