Nah, it'll have at least 16 GB of flash memory, if not 32. They're going to put full retail games on the eShop, and relative to the Vita the 3DS had a good amount of storage (2GB built in, 2 GB SD card bundled with every system.) This is the one area I doubt they'll be extremely skimpy with; the Wii's storage bit them in the ass, hard, and the 3DS shows they learned from that.