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Thread's a bit ambiguous. Respect in terms of what? Having high quality software? Probably, although it still has a long way to go (and it'd also help if releases weren't slowing back to down a crawl again).

In terms of sales? Definitely not. The system is still selling awfully, and I'm not sure that's something that can be blamed on a simple lack of software. The issue may be it took Nintendo too long to get its quality titles out, and the Wii U is now far less enticing with newer consoles out.