It's nice to know that Miyamoto isn't actually retiring. He's basically allowed Nintendo to stay on the path that has (somewhat) made them a lot of money and made a lot of quality games, and while there were some blunders and some questionable design choices (I still don't see the point of the Wii if a lot of the best games I can think for the console don't actively use its motion features), he's done a lot.
But at the same time, this story makes me feel like he's the next Hironobu Sakaguchi. To people who don't recognize that name, he's the brainchild behind Final Fantasy. More specifically, he's the brainchild behind I-X, and a lot of the spinoff titles in that time frame. While it's debatable between a lot of the gaming community about where the Final Fantasy started to become crap (or whether it is crap), I'm firmly under the belief that Sakaguchi was the reason Final Fantasy was awesome up to beyond X, which is around where he and a lot of the famous Squeenix staff left. Every Final Fantasy since that has been mediocre imo, with a lot of poor decisions overall.
So, am I the only one thinking that Nintendo might go down this same path when Miyamoto retires?