Not really though since Xbox has backwards compatibility and a new store for vast amounts of these games. While some have or will be lost thanks to licensing, Xenia is always making progress and is available on newer Xboxes via $20 dev access.
When the PS3 goes, emulation on PC or streaming is the only option
Important to note, this doesn’t affect online multiplayer or availability on newer consoles, eg you’ll continue to be able to buy, download and play 360 titles on Xbox One / Xbox Series.
Once again begs the question why Nintendo shuts their stores down far sooner and makes it so you can’t re-download your old purchases, other than greed/laziness. 
Sure, but if I already got an old Super Mario game on the Wii or DS, I can’t just re-download it on my Switch. I have to pay for Nintendo Online to play the games. It would be easy for Nintendo to see if I already own a game in their library of available games and allow me to play them without paying for the subscription. They also could make more games they already released on older Eshops and make them playable. The emulator to play old Nintendo games is right there on the Switch! But yeah, why sell the stuff once if they can just rent it to us anew every couple of years.
I don’t have an Xbox, so I don’t know if they only offer backwards compatibility for first party games? If no and they offer old third party games, then there is no excuse for Nintendo! If Xbox can do it, the biggest player on the console market can do it!
I do know that if they do, they explicitly had contracts in the past, when the games were published structured in a way that gives them permission to do so now. There is no way for Nintendo to do the same. They would have to negotiate new deals and it's not actually possible to do so for more than a small handful of third party games at absolute best.
Also, Microsoft is a far bigger company than Nintendo.
You can redownload your purchases on discontinued Nintendo platforms.
You know, I thought you couldn’t on the Wii anymore, but apparently you can…? It’s unclear to me but seems I may have been mistaken when I said you can’t. TIL.
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