Nice find! It's definitely a TurboGrafx / PC Engine heavy discussion, and a very interesting look into a few bits of the industry's history. I've always had a lot of respect for Victor Ireland, even if I didn't always agree with some of his choices.
EDIT: For me, the most significant thing came in hearing that Victor's one year contract with Sunsoft came to an end and then Sunsoft opted not to renew and take care of marketing in North America themselves. Of course, they haven't done anything with it and seem to have forgotten all about North America. What makes this really sad is that the entire Telenet library that Victor pushed for Sunsoft to pick up is now just going to languish there. If you want to hear it straight from the horse's mouth you can skip forward to about 1 hour and 21 minutes in.