Looks like it and it makes sense, imo. While the games were not exclusives as of like early 2000s, they got their start on PS consoles. What better way to test the waters than focusing all efforts on one console and see the turnout. If the reception is positive and the sales are good, the ports to other consoles are icing on the cake. Crash and Spyro are perfect for the Switch, they'd be losing money not making ports.
It looks like plan from start is that Crash and Spyro (like Kotaku also suggests) be multiplatform games just that PS4 has 1y exclusive deal. I agree that Crash and Spyro would/will sell quite good on Switch also.
If crash doesn't come to X1/Switch this year, it might release as a $60 double pack with spyro in 2019.
Nevertheless, I'm hyped.
Well informations we have suggesting that Crash coming this year on Switch and Spyro on other platforms (probably including Switch) next year.