Interesting idea, but in practice this is impossible. I wanted to develop for the Wii, so I emailed and inquired about the process of getting a Dev Kit. After reading my email, it was forwarded to the VC dept, because I hadn't had any AAA titles published. At the VC dept level, the email was sat on and I haven't heard from them again. Turns out you have to have a brick and mortar company to be able to develop for the Wii. Not a company you run out of your house, and certainly not a hobbyist developer. This is a major oversight by nintendo, as third party support really matters this time around. And I would love to develop for it.

P.S. Unmodded all of my moderated posts so that I could say that.