Probably not, but I'm sure it's going to catch plenty of folks by surprise and leave a rather bad initial taste in their mouth.
I just can't fathom how little sense so many of the decisions make, especially given how much Nintendo should have learned from by looking at how Microsoft and Sony handled their latest console launches. Yeah, I get that Nintendo are Nintendo and they do their own thing, but pretending that your competition doesn't exist and not bothering to learn from their successes and mistakes is idiotic to the extreme.