Happosai
Hold onto your panties
It might work but then again, we're thinking like back to 90's Rare too and I highly doubt they'd make a move more like their predecessors. The IP was on Nintendo too and you're right, Rare isn't going to be expected to put something out pushing that 30 fps for Switch. However, if sales pick up and there's interest moreso with Gamepass. Easy to see something they're willing to save the added expensive of printing physical for something people may just call 'an upscaled Switch game' and lose there. Honestly, if we're all Rare we could all do much better.To be honest though a Banjo could work but make it a budget level game. It doesn't need to be AAA.
Honestly if I'm Rare, I'd make it for the Switch where we know it would sell the best and then have a superior upscaled version on Xbox and Gamepass. It's win win really