Seriously, guys....
You cannot expect Nintendo to release 8 or so major games this console cycle. You refer to the old days, but you musn't forget how easy it was to develope a game back then. Sure it still took time, but now-a-days it doesn't even compare.
That said, I do expect Nintendo to fund or outsource many titles, simply because they seem to have an emperialistic view these days. Their "non-gamer" motif is proof in of itself. Also, with the VC in effect, new poorly funded companies will actually have a chance to grow. Plus, it wouldn't surpise me if Nintendo used that feature as a "screen" for talented, yet vaible game studios. Meaning more games in the end for us.
And their "non-gamer" attitude will breed even more games. If you think of it as countries, the "non-gamer" world is like an uncharted hemisphere far bigger than the game-world knows now. If Nintendo can tough it out for a couple of years, they can herd enough of the population to make "non-gamer" games an advantagious market to big companies other than themselves. Essentially making "New games for new people." (Nintendo, if your reading...you can have that slogan)
This might bring in a great deal of marketshare allowing Nintendo to garner far greater support than has been seen in a good while. Yet, they could still draw-in companies who want to make traditional games with: A lower admission fee; An innovative controller (which allows for even small companies to be taken seriously; f.g. Nibris); And (hopefully) a larger marketshare.
Ahh...yeah. /rant