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>>* By the end of the generation, the majority of big budget 3rd party releases will be on the Wii (not neccassarily Wii exclusive)
This one is doubtful. Japanese? May be. Western publishers? No, at least big ones. The battle for Japan not over yet, with strong handhelds and relatively weak home console market (even old PS2 takes more attention), there're still no true leader of current generation in Japan imo. It should be Wii, 'cos easily there're no other options. But some of the japanese developers oriented towards Western market may still ignore Wii in the future as long as X360 has strong install base in USA, but I expect a whole bunch of them shift from portables to Wii in 2009-2010.