I don't believe it. First of all, Namco is pretty darn big. Just because Westerners don't see too many Namco games doesn't mean they don't put out a lot of software. And it's hype generating stuff, too.
Besides that, this isn't Nintendo's style. I have said it before, and I'll say it again. Nintendo prefers to take a small, up and coming developer under its wing and help it grow up into something great. It's more cost effective that way.
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