How can anyone doubt Iwata at this point? I'm honestly excited about that match-up of talent.
Iwata wanted Sakurai to join EAD Tokyo back for Brawl. But Sakurai thought he could run a studio without direct Nintendo management. He was wrong. With Project Sora closing, it seems all but evident that Sakurai should go back to Iwata's original plan to form the third main section of EAD Tokyo alongside Producer Shimizu and Producer Koizumi.
Yup. Miyamoto exec-producing a series of modestly-scaled new IPs is pretty close to the ideal of what he could be doing these days, given the requirements of being a corporate icon.
I doubt he can be a regular game director ever again. His job as a Senior Directing Manager (corporate) is the most important and highest paying thing he has ever done. It eats up most of his time. All this new division would do, is probably have his ideas closer to the end product since they are simpler games. But they would still be directed by someone else.
Only thing that could top this restructure is the speculated-upon Retro expansion and Platinum acquisition - although I think parts of the internet would boil over if the latter were to actually happen.
Your sources are the articles from April right? Which is why you didn't link them.
Why people keep listening to your speculation as news, let alone fact, is beyond me.
EAD Ninja has always proven a credible source on internal Nintendo happenings, and much more insightful than the vast swathe of games 'journalism'.