I'd be more than happy to pay $299 for a Nintendo console that I can take with me. The specs don't matter to me as much, games like Mario Kart 8 showed that aesthetics are far more important than raw graphics power, so I don't need it to be as powerful as a PS4.
Nintendo's corporate messaging and marketing may claim that the edge isn't competing with the PS4, Xbox, PC, iOS devices, Android devices. However that is false, in the reality of the consumer market the Nintendo edge is competing for those very same dollars. How many people are willing to pay $299 for a handheld/console…