Going back and looking at the specs of their older systems, most of them weren't very powerful. From the looks of it, not being an expert, the gamecube is barely more powerful than the PS2, but not as powerful as the xbox.
The N64 was more powerful than the PSX and almost every Nintendo diehard will bring up how their Gamecube was more powerful than the PS2.
Nintendo never bragged about being "about the experience" until they decided that having modern tech is overrated and just kinda stunted an entire level of growth by a generation.
If this basically confirms the next gen will be much more powerful than the Wii U than that coffin is already nailed shut. If I wanted something with current gen graphics and a touchscreen I'd just play my Vita. At least that has actual analog sticks. Okay that last part was a bit trollish but you know what, I like powerful consoles, I like advanced graphics, and I think that buying into a console that's basically current gen just because it's Nintendo branded or has a funky controller is just pretty dumb. Unless of course next gen consoles just really flip the table on keeping conventional controllers, in which case I'll go buy a PC or something.