If the Japanese brand is so predisposed to enhance classic games content of their older consoles, which is something they have frequently demonstrated, it would undoubtedly be a more exciting alternative not having interest in following a route similar to that of the before-mentioned NES and SNES.
The interview explores everything Nintendo is up to at the moment, but a re-release of the classic console doesn't seem to be on the agenda right now. President of the Nintendo America, Reggie Fils-Aime said that E3 2019 is an outstanding opportunity for Nintendo to share its new games and experiences for the fans and also for the business partners across the globe. Next up on the list for a classic style re-release would be the Nintendo 64, and though we've seen some rumors here and there, Nintendo hasn't officially announced the product.
Sorry, fellow millennials: It looks like a miniature version of our generation's iconic Nintendo console, the Nintendo 64, may never come to pass. Interestingly, he begins his response by talking about how the previous Classic systems were seen as ways to bridge the gap between Wii U and Switch, before reminding everyone of Nintendo Switch Online's retro capabilities. Rather than continuing to launch a new mini-console every single year, it likely makes more sense for Nintendo to hold off until they are in need of more capital. It could be that Nintendo just doesn't want this to be highlighted with the N64, or that its games simply require more care with remastering, which obviously means more time in development.