I like Iwata.
He is genuinely a nice guy in an era of cut-throat CEOs.
He is also humble.
He did this same thing with the 3DS and took a personal pay but to make sure the investors had some blood to satisfy them.
That was followed by a price drop and free games to early adopters, which cause customers to buy the thing.
However...
Enough talk. This conversation has been going on for 6 months.
And why did they "relax" marketing efforts? That's a bad move. Not only bad, but foolish.
A brand new, unique system to start a new generation of gaming... and you only market at E3 and have a couple sporadic commercials.
You spend crazy money in R&D, engineer an impossible system and make it possible, and don't market it???!!!???
Marketing the Wii U's power isn't a bad idea either. No, it doesn't have the specs of the PS4, but it has grunt. Market that. Don't concede to the other guys, then really build up the gamepad - with actual games that prove it was a good move. Zombi U did that. But it's one game. Batman AC did that. but it was an old game. so not seen as something new.
How about you get with Ubisoft to make sure Watch Dogs proves it.
Then get to making great commercials. Don't let these third parties dump on you. Contract with them. Offer minimum guarantees, whatever you have to do. make it happen.
Then, once you have traction, you don't have to risk such things.
But sheesh! You have world class competition trying to end you.
The Wii U is a great console. It's powerful, it is built well, it has a very awesome GamePad included. It simply needs software and marketing.
I wish Nintendo would make a round of purchases to buy up some third parties and have a Rare type situation again. It would really do them good right now.
As it is, we are waiting a looooooooooong time not only for games, but for games that actually belong on Wii U.
Yes they look light years ahead of 360/ps3 games, but it's taking so long that no one will care.
Being first out of the gate doesn't matter when you forgot to tie your track shoes.
Iwata more and more simply seems like he was unprepared for a new console launch.
I said in the past that nintendo is moving uncharacteristically fast these days to try to keep up with sony and MS and even surpass them in some ways, but they have been doing so with the same people that are used to a different pace. they don't need to get rid of those people. They need those people. but a restructuring may be in order along with some new staff that can manage multiple projects at once.