I think it is showing signs of slowing down. In Japan at least. SW sales are horrendous. Still though the HD consoles don't seem to be showing that many signs of catching up. Maybe in SW but i'm not much of an analyst so don't particularly notice trends. So not sure how relevant that is,as Japan doesn't appear to be that important a market right now. In the Americas though, there is certainly no slowing the Wii right now. I did read one of the analysts on this site saying trends usually start in Japan though so maybe that is some indication things might be changing? Although i don't personally see much changing for a while and even then it will happen over time. You can be sure, though, that if the big N saw signs of Wii demand dropping then there would be price cuts/bundles/new colours etc to arrest that slide and am sure it would work at least temporarily.
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In my opinion the N64 was not just the best console of the 5th gen but, to this day the best console ever created!
