Went and actually watched Nate's video to properly discuss his argument, and it almost feels like he hasn't seen the drake specs, or he's simply choosing to ignore them. I think the best argument he makes is that Microsoft could have positioned the Xbox one X as a new generation, and chose not to, and thus Nintendo could do the same with a more powerful system. This makes sense (aside from the fact, this will be at least 6 years into the switch's life vs 4 years into the Xbox one's life) until you actually look at Drake's specs.
The Xbox one X was about 6x stronger than the Xbox one. Indeed, this would be enough to sell it as a new console. However, it's also not outside the reasonable range of a pro version either. The majority of that increased power could be (and was) used on increasing the resolution from 1080p to 4k. So it was pretty easy to take Xbox one games and pump them up to 4k, without a bunch of effort from the developer and without compromising the quality of the experience on the Xbox one. However, compare this to the drake
The drake is probably close to 9-10x stronger on a basic level, just factoring in increased performance and improved architecture (also, I'll note in the video Nate says that architecture is the main difference between revision/new console and the Drake has a new architecture) Even at the low end this is gonna be at least 7x stronger. But then you also have DLSS and RT cores on top of that. Increasing the resolution of switch games to 4k is not going to nearly use the potential of this device. Thus you can assume one of two things, should they position this like the Xbox one X. Either Nintendo has horrifically failed in designing their revision, by using much stronger hardware than they needed, or they're going to have to make two different versions of each game, which is obviously extremely inefficient and doesn't really make any sense.
Either way, if you're reading this Nate, consider doing some actual research and looking at the leaked hardware before you claim this is comparable to the Xbox one X, when it's clearly a much larger gap and is also coming out later in the console's life.