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I think it also referred to the fact that the processor in Sega's 1988 Mega Drive was a lot faster than the one Nintendo put into its Super Famicom in 1990.
As seen in this link: http://www.giantbomb.com/blast-processing/3015-963/
Kind of sad that Nintendo chose to put such a weak processor in but it all worked out. Sports and action titles were better suited to Genesis and pretty but slower-paced games primarily targeted SNES. It was nice to have differences, unlike today's systems which are all stripped down PCs. Except PC, of course.
So, Sega highlighted one of their system's strengths and ran with it.