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Immortal said:

I completely disagree with your logic. If someone makes an irrational prediction, that person is effectively a madman and deserves all the hell he gets, regardless of whether or not it turns out to be true.

There were a lot of people predicting this with good basis. There are some general guidelines for countering their points, here is some examples with claim and the reply it received. Just generalisations, do note that.

 

Casuals might lose interest in Wii  - "lol wii is a fad, hardcore hater"

Even though wii is the market leader, it lacks of third party games - "there are plenty of upcoming great games -> wait for the game X -> who needs third party games anyway" I could go on and on about this part, which happens to be the most important one.

As hd adoption rate gets higher, hd consoles will sell more. Wii is not powerful enough.  - " Wii has proven that people don't care about graphics"

Wii has a terrible online system - "Who needs online, only hardcorez"

 

When it comes to third party games, people should have been able to see that the wii is not going to get the same kind of third party support as the ps2. It just lacked the horsepower for multiplats and did not have big enough market share to do it alone. Without the games, it was clear that Wii was not going to keep on selling like it did.