to compete against multi-GHz chips inside Microsoft Xbox 360 and Sony PlayStation 3.
So they brought out a new console that is 7 years newer then the xbox 360 cpu just to compete against it? Well looks like there is the answer to why it is “horribly slow" for todays standards. I don't get why Nintendo would come out with a new console just to compete against the 360 and ps3 when it should be beating it in every category hands down.