Interceptor
Banned
This together with Takeda's comments about not being able to "just think about Japan" might be seen as positive indicators that they may be looking to shake things up a bit.
Yet, Iwata himself has recently reiterated that they do not intend to compete w/ MS and Sony in a race to the bottom. If they launch a comparably specced system, there's just no way they will be able to compete on price of hardware of depth of library.
Nintendo have no choice but to put together a small ~$199 box. It may be insane, but with the bold talk coming out of Kyoto about "not just throwing money out the toilet" I think they might jump into the digital storefront 100%, making them even less a competitor to MS and Sony in the eyes of consumers.
Looking at AMD's die sizes at 28nm, and figuring in a shrink down to 14nm/16nm, I can't see them fitting in more than 320 shaders or a .5 TFLOP class machine. That is if they want to keep die size and power draw around Wii U-level. Low power it is!
They wil go the low to mid power route again but with an important change - i am almost certain they will ditch the optical drive this time. This will have a huge impact in cost and the overall design of the machine. Retail is still important to them so they won´t abandon it. Might be a mix out of dowloadstations straight from the NES era (they love old ideas) for the handheld, cartridges or just keycards sold in stores with a manual (which they already do). Abandoning the optical drive will give them room to expand on the power side - not expecting something spectacular of course but beating PS4 tech shoudln´t be too hard in 2016. Heck it wasn´t even hard in 2012.