1. Pretty much every big-name developer has signed on to the 360 and PS3. Few of them even have dev kits for the Rev.
games announced/confirmed so far:(* means exclusive to Revolution)
Nintendo:
*Smash Bros. Online (possibly even featuring Sonic)
*Super Mario Revolution (first true sequel since Mario 64)
*Zelda
*Animal Crossing
*Mario Kart
*Metroid: Prime 3
*Donkey Kong (brand new DK game)
*Cooking Game
*Brand New IP (Pokemon, Pikmin, Nintendog, Mario, etc.)
*Battalian Wars(Kuji Entertainment)
*??? (N-Space)
*RPG (Camelot)
Activision:
*Launch Title (possibly Tony Hawk spinoff)
Spiderman Sequal (possibly, could be something else)
Atlus:
*Trauma Center Revolution (use the free-hand style to operate on people)
AQ Interactive:
*Untitled
Blitz Games:
*untitled, but excited about it lol
Capcom:
*Untitled (not RE)
*RE (at some point)
*untitled Grasshopper Manufacture game
Midway:
*Untitled (launch game)
EA:
has developement kit (one of the first to get it) has confirmed support for the REvolution. Madden, James Bond, etc. are expected... 2-5 games in developement, ALL OF WHICH WILL BE PLAYABLE AT E3!!
Natsume:
*untitled (River King or Harvest Moon)
Tecmo:
Pangya Golf (launch) (probably Japan only)
THQ:
Disney/Pixar's Cars
WWE game (at some point)
SEGA:
*Sonic the Hedgehog (different from the X-Box 360/PS3 one, done by Sonic Team and using free-hand controller)
other possibly un-named, un-confirmed, un-identified projects (there is something else, no one knows what)
Square Enix:
*FF: Crystal Chronicles
Ubisoft:
untitled FPS
23 games already announced as exclusive to Revolution and I'd say at least 10 of them sound very good interesting (Mario, Kart, FF, Sonic, Trauma Center, New IP, Smash Bros., DK, Metroid, Zelda, & the cooking game)
2. EA probably can't possibly port full versions of their sports games -- the Rev is going to be quite a bit inferior to the 360 and PS3 and it simply may not be able to run the hi-def games.
I hate to be the bearer of bad news, but every single one of those EA Sports games will be playable without an HD TV this generation... MAYBE next generation HD TV will be required, but I'd honestly be quite surprised at that...
3. Virtually no first-party game released this generation did anything to raise the bar from its predecessor. This is quite a disappointment, because (from #5) you're absolutely right, Nintendo has historically been the most innovative gaming company out there.
I think Nintendo kind of threw in the towel for this generation almost immediately.... I think they were planning Revolution AT MINIMUM right after the Game Cube launch, they knew GC was gonna flop...
4. I was thinking about this ... if you really wanted to play NES and Super NES games, would you a) buy a (likely) $200 machine brand new and then pay $X per game download or would you b) buy a $20 machine on eBay and then pay $Y per game cartridge? Xbox Live Arcade is already doing what Nintendo is promising with Revolution -- Street Fighter 2 Turbo is coming out in a few months with more on the way. Nintendo better price these games low, low, low if this is to be a real selling point.
NES games will cost pennies per game... SNES like $2-3 tops... N64 will be like $5-7 at most...PLUS they just signed TurboGraphix-16 and SEGA's old system (only Genesis so far), too... so Sega Genesis and TG16 games iwll be available (probably similarly priced to SNES games)
they will have a launch library of probably 2,000-3,000 games IF NOT MORE!!!
5. Again, I agree that historically Nintendo's been on the ball. But this generation was a huge disappointment. Relying on gimmicks (forced connectivity with Game Boy, bongos) is not a winning, long-term proposition in the gaming industry, as almost no peripheral has had major success (if you don't count the original PlayStation, the former "Super NES CD").
Like I said, I think they threw in the towel as far as Game Cube goes... 2 new game boys have been released since GC (Advance & DS, plus the minis and such) and now Revolution pretty quick (it might beat PS3 and Game Cube was the last to be released by quite a bit if I remember right)...they knew Game Cube was losing and were just "holding on" making sure thier name was still out there...
I also think you've been reading too much PR if you really think the competition is only about graphics. Graphics are a fundamental part of gameplay, as a lot of developers today are working to provide more immersive experiences. In addition to graphics, we've seen a lot of developments as far as player freedom in games -- the amount of different things you can do and experience in games has increased so much this generation. Finally, 360 in particular has built quite an impressive online platform and they're 1 generation ahead of the competitors.
I hope Nintendo can turn it around, but I'm going to expect a lot more from them than some "awesome" cooking game where you use the remote as a knife or Nintendogs 2 where you use the remote as the leash for your dog.
I need to see real, fun applications of the remote that enhance gameplay. Innovation is where you change things up and it enhances the overall experience, and the gimmicks of this past generation aren't going to cut it.
X-Box 360 is an X-Box that looks prettier... that's it...and I think the cooking sounds cool, and I'd be surprised if a full Nintendogs game was released on Revolution, that feels more like a handheld game (like the Tamagachi pets were 5 years ago)...
and I think PS3 and Nintendo will be fine as far as online goes...
also, something you should consider:
http://revolution.ign.com/articles/696/696754p1.html
supposedly Nintendo still has some tricks up its sleeves as far as its hardware goes that not even the Pokemon people know about yet...