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Nintendo blitzes GitHub with over 8,000 emulator-related DMCA takedowns
(www.engadget.com)
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Ahh yess they could easily have produced something equivalent to a product introduced 5 years later. It was literally the most powerful handheld of all time when it came out and had almost double the graphics processing power of the Xbox 360 and ps3 with the dock, and still more than either without it. Could it compete with the ps4 and Xbox One? Absolutely not. Precisely because of the form factor. To think otherwise is hilarious. I do think their addition of all the random bullshit nobody uses that drives up price was dumb.
Also, every time Nintendo makes a cutting edge box-console to directly compete with Microsoft and Sony they just lose sales, so why even try?