So, can the "Switch can't run modern AAA games" arguments tone down now?
Sure, some games are easier to port to the console than others. Games that can't get good performance on the XB1 wouldn't probably be worth to try. Also, CPU heavy games would probably have to do gameplay compromises. Always online games and games with a constant stream of huge patches would face storage issues. But otherwise, the tech is there.
Switch is not a Wii, 3DS or Wii U. Its modern handheld hardware, that its closer to the x86 twins than the Vita was to the PS3.