Very, very nice concept, Ian, but as several have stated, it's just not financially realistic. My solution is a tad obvious, and I haven't read the other posts but someone probably already had this diea, but I think a fusion between Nintendo and SEGA is in order. That way, they could be NintEGA (lol) or SEGAtendo (lol again), and since they'd be one huge company, that one huge company would derive profits from licensing, and that's one less company Nintendo would HAVE to license. Think about it; that means the rocking ESPN series would return to Nintendo's home console, and SEGA is a heavy supporter of going online. This means the N5's third party might (hopefully) be more supportive of online if the first party itself is going all-out. Please, Iwata-san, read this thread...
I'm pro NintEGA.