TVs don't just stream from the air. Nintendo clearly showed something hooked up to the TV in the pictures, and presumably that's where the media goes, because it's backward compatible and this thing has no place to put a disc.
All we saw are ports, footage of which is likely from other consoles. Impossible to judge its power at this point. I'd be surprised if it didn't at least have a slight edge over 360 in the way that Wii has a slight edge over Xbox 1 though.
I dunno, I don't hate the idea of a console I can lug around the house, and backward compatibility helps since my roommate took her Wii when she moved out and I don't have one of my own (have some games though). Pricing is going to be a major factor.




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