Players in uproar over NieR: Automata item that some believe badmouths the N64

In NieR: Automata, there is an item called the NIN64. The description for the item is as follows:

As you can guess, some people are thinking that the game is calling the Nintendo 64 trash, which has lead to many an angry tweet directed at Square-Enix. Believe it or not, producer Yosuke Saito has commented on the matter and said that they will change the name of an item that has been pointed out. He's obviously referring to the NIN64 item. The thing is, Saito never says whether the item/description was aimed at the Nintendo 64, or was a coincidence.