Well, this is a slap in the face to VC. I wonder if this means we won't see VC at all this holiday season.
I wonder if Nintendo will make changes to the memory on these things to remove the ability to hack it with mods. The reason it worked on the NES classics was because there was more memory in them to load the ROMS.
The easiest way for Nintendo to make it harder to soft-mod the SNES would be to put next to no external memory in it beyond what it needs to store the 21 games and any save states. While I'm sure hackers might find a way, doing this would make it very difficult for laypeople to do it.