Like a few already said it could only work with a digital download VC system.
Release it on mobile and PC, so that userbase can emulate the VC catalogue.

But if Nintendo already struggles releasing VC games on 3DS and WiiU.
How much more would they delay releases with mobile, PC and NX added support in the future?

These are kind of two seperate things though ... VC running on the actual hardware (be it an iPad or whatever) is different from a game being streamed.

If it's streamed really you could even have the high end NX games, there's no real difference between streaming that and streaming a Super NES game. 

I guess it could work like this ....

Home receiver + controller = $79.99 US. You buy games for the standard $39.99-$59.99 and you "own" them, you just need to make sure you have a good enough internet connection. If you ever upgrade to the "full NX" console, you have the option of downloading your purchased game. There's an option for an ala carte streaming service where Nintendo cherry picks a certain amount of VC, Wii/Wii U, and NX content you can get for $8.99/month if you want that. 

It would be crazy if they partnererd with Netflix ... ie: For an extra $5-$8/month you get access to Nintendo VC games, Wii/Wii U games, and some NX games and demos. 

I think they could make money. People who buy more games would likely play more, so say they have 4-5 games, that's like $300 to Nintendo, that would be equivalent to a streaming service for a while. Or they could have the base $5/month package say which gets you VC/Wii-Wii U games/a few NX titles, then you are free to purchase any game if you want for the full price on top of that (ie: Mario Kart 9 is not part of the $5/month service, so if you want that specific game you have to buy it). The $5/month pays off their server fees. 

It could go either way, I'd rather have the option though than not have it. As we've seen some people simply are not willing to pay $200-$300 for a console largely based around Nintendo content. 

But this way, lets say they have a soft spot for Mario Kart or Smash or something ... would I rather have their $60 business or not? I'd probably say yes. 

Maybe they enjoy the game so much that over time, say the price of the dedicated hardware is now $150 or something, that they decided a couple of years later "ok, well maybe I'll get the full console now". 

Oh really, how so? Do you have insider information. Has Sony said they are losing money on it. Quit pulling stuff out of your behind.

I never said it's losing money, but it kind of seems to have been a little forgotten. 

The problem with Sony and a streaming service will always be that the crux of the Playstation brand is third parties. That's what their consoles are known for (a wide breadth of third party content) and that's good and all. 

It just doesn't work as well in a streaming service context I don't think because for a monthly fee, Activision, EA, Square-Enix, etc. etc. are all going to want their cut. Then you run into the headache of how do you price such a service, if 10 of your third party partners (rightfully so) want their cut for offering their games. 

Nintendo is a singular, centralized entity that can support a streaming service on their own, that's why I think such a model makes much more sense for them. I think there are actually quite a lot of people who like Nintendo games, they're just not willing to pay a non-impulse price on Nintendo hardware to play Nintendo games or buy completely seperate hardware. 

Nah, I don't think it's a good model for them right now. Maybe in the future when consoles are no longer that feasible.

But that isnt how nintendo works. Its like them going third party.

Meh, I can't say anyone at Nintendo would like to do such a thing right now. From what I have heard stream services are still fairly new and in their infancy in Japan and despite the change in leadership, I doubt that the focus for Nintendo won't still be Japan first and international second in terms of major moves such as this. Despite their vast reserves, they really can't afford to.

Not to mention, Nintendo like every major publisher likes to get paid for re-releasing or remaking different classic games. Nintendo would be better off trying to emulate Valve and the STEAM service rather then the money losing streaming of games via cloud or free download route.