Well technically demand is down....relative to supply =P
My point being that just because the price on ebay is down doesn't mean demand is down. If last year there were 400k people in NA who wanted a Wii during this week but only 300k units were available there would be a higher premium on the console than this year when 380k units were available for the same 400k people.
Honestly there is a good chance that demand is up as well as supply...supply is probably up more than demand though. This is good because it means Nintendo is finally starting to catch up and we should start seeing consoles readily available for purchase sometime early next year.
Unless of course this is just another lull where the people who decided to wait until it was available come piling out of the woodwork and put it back in low supply again =P
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