The Good: Unified console and handheld library which means games, games, and more games with more frequent releases.
The Bad: Not the graphic leap many hoped and dreamed for. Brilliant move for portable loving Japan, but not so much for mobile gaming North America.
The Ugly: Say goodbye to competent ports of big games like COD:AW (48GB), with cartridges that only have 32GB capacity, not to mention the hit in visuals.
Figured it would be a hybrid, and the library potential makes me excited. Just not crazy about the possibility of dealing with a lack of 3rd party support again. However, 3DS still has 3rd party support and this is technically still a portable. Ugh... My poor brain.