I think it'll be the recent past, showing how Lumiose came to be what it is in X/Y. A prequel story could do wonders for X/Y, fleshing out Lysandre with an actual backstory could make him interesting.
Rumor has it that the Switch 2 was going to be revealed this month, but got delayed. I assume this is a partner showcase because Nintendo promised third-parties a direct this month but aren't ready to show off what they're working on
I see where he's coming from, as when cross-play isn't available niche online games can die quickly and exclusives are annoying, but if there was only one platform holder, that status would quickly be exploited with high online fees and tighter controls of how games are purchased/resold.
The whole $300 for a single game thing is misleading when if you want to play a second N64 game, all you'll have to buy is the second game you want. If anything, it comes out to being cheaper than buying a single game for a modern console if you apply the same standard