This all seemed pretty cut and dry, but since I hadn't personally looked deeper into the situation, I had declined to weigh in. Today I had time while my son was napping.

Sweet lord.

Everyone still associated with this debacle needs to re-evaluate how they make life decisions. The gall it takes to put something like that out for display at a toy fair where people can see it is astronomical. One would think that the core consumer for a device like this would be the die hard classic gamer who is sorely missing cartridge gaming, and would like to play new content in the classic style. That kind of player, though, can see through this sort of bullshit without effort... but to compound it, you're only drawing more attention to the lack of new hardware when you aren't showcasing new software that utilizes it.

I have to believe that the core customer they're actually targeting is a combination of rube and some fictional casual consumer who misses the good old days but doesn't really know anything about them.

The fact that they are doing literally anything at all other than apologizing is insulting and shameful.