Jimbo, I can definately understand most of you points, but that's where I have to draw the line at the "Most" part. The one area I have to disagree with you on, is the games area. If you check, you'll see that an incredible amount of developers are jumping onto the Wii bandwagon that weren't either there before, or as heavilly. A number of dev's have openly stated that they "Underestimed the Wii and now pledge support for original content" yada yada yada. You know the spiel. Anyways....
All in all, expect the Wii to have not only a huge amount of *original* content, but "versions" of multi-console games catered to the strengths of the Wii. Sure, not as pretty to look at, but solid in their own & just as fun to play.
As for the price comment, I agree, yet disagree with you (so I amend my previous comment). It all boils down to *when & if* they (MS & Sony) drop their price & also *How much*. Sony can't even begin to touch Nintendo's price point. Doing so right now is suicide. Microsoft can, but they want to make money this generation, so price cuts are not going to be as often, nor as much. So for the next year (end up 2007 at least), Nintendo is safe. By then, production costs should be nice and low, easilly capable of sustaining a new 199$ price point, does the situation demand it. If the hype/word of mouth for the Wii continues till then, you have Sony has had the last 2 generations: A self sustaining sales system that flies the middle finger of defiance at it's rivals, even though they're technically "Better" systems.
D.