The machine is a handheld first and foremost, a standalone console pushed way, way into second place.
Exactly this, and what little third party support will remain will presumably be primarily the continuation of the 3DS scene.
The Switch is Nintendo's new handheld, one with a special a video out mode. That's it.
Not only were expectations too for the hardware but people are expecting the software provided for this thing to be home console oriented - aside from a few big first party titles designed to showcase the "home gaming on the go" marketing spiel, it'll be handheld oriented.
How many times do people need to be disappointed before they learn? Nintendo is not a mysterious or unpredictable company, it's just that it's biggest fans refuse to read the writing on the wall.
I'm sure the Switch will have plenty of good games but ultimately this is Nintend leaving the home console business, a business in which we were given everything from the original Super Mario Bros to Ocarina of Time to Smash to Metroid.. so no I'm not happy to see it go, not when in a parallel universe I'm playing the latest Retro first person adventure in high res glory on my PS4 Pro and in this one I'm stuck playing Wii U ports on a piece of plastic with detatchable controls the size of my thumbs that I'll never use.