With more and more games falling back into Q1 2013, I think this holiday is Nintendo's for the taking. Personally, I don't think it's a coincidence that they're delaying their game releases.. Nintendo's launch is going to suck a huge portion of the mindshare/oxygen out of the room. I wouldn't want to go up against that kind of juggernaut either.
This is Nintendo's shot. Launch strong, maintain momentum, and build a lead before the others get their chance. Otherwise, we're looking at a greater likelihood of GameCube 2.0 (which wouldn't be all that bad if the library is just as strong).
Totally agree, and yeah, I know people hate on it, but I absolutely loved the Gamecube. So many great games on there. My favorite Zelda game in Windwaker (although Skyward Sword sits right before me unplayed), my favorite Smash Bros. , a good MGS game (I thought Twin Snakes was a fun game, even though the dialogue wasn't quite right), good Mario and other Nintendo games, not to mention a lot of awesome third party games. Thought it was a great system.