I'm going to jump right into the middle of this disappointment with the Cube thing.
I believe Nintendo should have done online, and they shouldn't have tried to pass the cost along to the consumer in the form of GBA connection games (sells charts speak the opinion of gamers).
The previous generation Nintendo offered the analog stick and Sony offered the CD; it was a close race. Now Nintendo is offering the remote and Sony is offering blue ray and the format is not as big an issue as MS has already put its foot down on using a small format (itty bitty compared to Blue Ray); Sony will be going against two companies with cheaper formats and cheaper lasers which means cheaper consoles, that means larger install bases, and it will result in more games for everyone whose name isn't Sony.
Blue Ray might as well = cartridge.
Hell, with a new expensive cart system at least ram wouldn't be an issue anymore. An expensive disk system; its an oxymoron.
I predict next generation we will move to flash memory of some type; something solid and rewrittable.
On software, the Cube, as I've said before, felt like a game of Old Coke New Coke. The Cube software wasn't bad, it just lacked the fun and thrill of immersion brought on by the N64. The Cube to me tasted like New Coke; now they're going to act innocent and come out with Coca Cola Classic, and everyone is going to drink it up like its going out of style. I feel like the controller and software of the Cube were intensionally held back to lower people's expectations of the company and make consumers feel Nintendo is the underdog, that they're a victim of image control, and that they're really ignorant enough to launch a purple lunchbox as a serious piece of electronics equipment in the U.S.
Then I snap out of that theory and realize they may have fixed the surface image of the Revolution but they still are truly ignorant to fact that their image is shaped in other ways too. Americans for example care to an extent about how the Revolution will consume less energy, be more quiet, and is a fourth the size of my British Literature text book; but Americans only care so much. The Japanese market may see those qualities as crowning jewels; Americans though are going to say, "I really don't care about any of that as they left out 400 MB of RAM and two thirds of the CPU to make it that small and quiet." Americans would rather deal with the noise and have the bandwidth than to be nit picky about how Nintendo could trim two inches from the thickness. With the Revolution Nintendo is saying to its fans that the system is just as equivalent to 360 or PS3 as the DS; as in, Nintendo doesn't presently have a console.
Now what is developing into my greatest fear; how their online will work on the console. Will there be a central forum, will there be a ranking system allowing one to view things like drop out rates, wins, loses, accuracy, efficiency, will there be third parties charging on the side to play their games, will obsenities be flailed at me in ten year old voices (its quite disturbing on LIVE) telling me things I shant write here making me feel as though I have some how crossed connections with Xbox LIVE, will Nintendo be censoring, etc? There is so much about their online plan I know nothing about, like, will it be ready for launch? Will there be a game worth buying the system at launch, will that game work online? Nintendo has said nothing but, "hey dude, don't worry about it, it's free, I'm free, you're free; now pass that *** ***** and let's free our minds." Nintendo needs to release information. Its not like they have any console on the market or software coming out for it so they can't hurt any products; if anything they can make themselves look serious in the console market and more people will buy more handhelds until the console launches.
Not telling the industry what you have planned causes things like the megameltdown. People start wondering if you're buying X company, or that you have some miracle that allows your weaker hardware to outperform the competition, or that you are going to use the motion capture control with a visor; when in reality you've got nothing. That's right, I'm calling your bluff Nintendo. I'm calling you chicken, draw your pistols, shoot me dead. I've seen the big gun, now show me the bullets ************. I want to be disproved; I want to see the fire in your eyes again. I'm waiting and its already three hours past noon.