I don't know about this. A higher priced system seems more aimed at enthusiasts than parents who can find cheaper ways to occupy their young (including older consoles and/or cellies and tablets). The expanded online chat options similarly aren't something that is selling systems to parents who don't have the time to vet every online stranger.

Nintendo sells a lot of games on nostalgia, which kids don't have much of to exploit.

I think Nintendo is still trying to sell to families, which includes millenial moms and dads who grew up on games and may have identified as "hardcore" back when they had the time