Well
In GB era we couldnt play SNES games like DKC, neither ps1 or N64 games.
In GBA, we couldnt play ps2, GC games
In DS we couldnt play mosnter hunter, smash bros, but we started playing 3D mario kart, something that we could play only in a home console.
In 3DS we can play smash bros, wii versions of DKCR, xenoblade chronicles. We can play almost any home console experience.
Seems that in switch we can play any kind of game a home console plays. So, there is no more difference between home console and handheld in the type of games they run.
So, the concepts are changing. Is a switch.

They have left the traditional console market, that now is basically all going to be Sony/MS. This thing won't be competitive in that market sense, no one is going to seriously say "I was going to by a PS4 Pro, but I bought a Nintendo Switch at the last minute instead" or something.

It can output to a TV sure, but you could also by that metric say an iPad is a home console because you can play games on your TV through it too.

Nintendo is basically a portable game maker now, Switch will amalgamate the market for 3DS/Vita together (what's left of it) on the higher end, and 3DS will be kept around for a year or two as a low end option, but they basically now specialize in screen-based portable form factor devices, one of them just happens to be able to hook up to the TV, which is common for modern mobile electronics. Most smartphones and tablets can connect to a TV too if you really want to do that.

Is this confirmed or just a rumor?

Most of Switch's audience will come from the 3DS base. It's not going to be competitive with PS4/XB1, it just does not have the hardware power to compete there and certainly not with the PS4 Pro and Scorpio which absolutely demolish it in terms of processing power. 

And this is what I & a lot of Nintendo fans expected would change with the NX, a capable home console that could handle 3rd party games & would allow easy porting, instead Nintendo just futher steps away from  the home console scene... I am disapointed whatever angle I look at it & if I, a Nintendo enthusisast who liked N64, GameCube, Wii & Wii U can't find the Switch a convincing home solution, I can't believe people playing on PC, PS4 or X1 will find this attractive.

I understand that they are trying to go after the tablet market, but if that means giving Nintendo gamers tablet-like experiences, then I'm out! I don't own a tablet because that doesn't speak to me, if I wanted a tablet I would have bought an Ipad long ago to play those crappy tablet/phone games.

I'm not against Nintendo wanting to tap in that market since there is great revenue to make with the likes of Pokemon GO & Super Mario Run, but Nintendo has to keep on making the games & consoles that Nintendo gamers like & are used to play & try to reconquer the other platform gamers & 3rd party support, otherwise they will be left alone, with no one buying their products...

Its heavily implied that it doesn't. No one in the trailer touched the screen and Nintendo refuses to confirm or deny it so it most likely doesn't.

Well I hope it does cause I have no idea what Nintendo was thinking if it doesn't. Tablet without a touchscreen in 2016 is essentially unheard of; specially in 2017. If they are going after the tablet market and doesn't have basics like this, they goofed.

They are moonwalking out of dedicated console business. I think its good IMHO. Their portables have always been more consistent than the home consoles.

The dock isnt gonna to add any significant power if any at all, people need to come to reality. That is good as it will make the system cheaper. Its very odd that some people are still holding on to the hope that Ninty will make a console that will rival the competition, not after the success of Wii.

What i find interesting is that we havent seen or have confirmation that it will have local multiplayer. You'd think they show than instead of showing four people play seperate tablets....interesting and yes it SHOULD be obvious they would have it, but it wasnt that long ago where it was obvious that Wii U would support multiple gamepads...

Does it really matter what you label it as?

"And besides nintendo saying it's a home console on their reveal they took almost all the time on the presentation showing it as a handheld and not as a home console, so their narrative doesn't fit."

THIS!!!!!