Thanks for trying Nintendo, I'm glad you didn't use blu-ray, and I'm glad your still trying. But you have always catered to the 12 and under crowd, every time you get a group attached to your games, you leave them in the dark by the time they hit high school/college. When was the last time you played an M rated game on a Nintendo console?
I think its too little too late to attempt to change your ways. If you would have followed suit with the Wii and made games that catered to teens and young adults, then you could continue the legacy and create games that catered to college age and higher adults with this system without any problems and actually kept your gamer audience instead of forcing them to buy your competitors systems or stop gaming.
Its not even that the Wii was seen as a family system. Its defiant lack of HD in its console design (even though they knew HD was going to be everywhere), along with a lineup of the worst games ever seen by any console far outweighed the few gems that were released. The Wii was targeted at small children, with 5 minute or less attention spans. Because if you played 95% of Wii games for more than 5 minutes, you would want to kill yourself.
Everyone already payed $200-$300 for your last crappy system with a cool controller, I for one will be skipping this. Fool me once....