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Yes, definitely.

It has had a better first year than the PS2 and a better 2nd year than the PS2, and they're still increasing production so it will have a much better 3rd year than the PS2.

The Wii is the PS2 of this generation, but it's cheaper, has better graphics, has online, Virtual Console, WiiWare, Wii Sports, Wii Fit, motion controls (and a wide variety of controllers and control schemes per game), way better marketing (Ellen, Oprah, Colbert, South Park, the Oscars, etc.), and is better at market-expanding (it's in retirement homes, physical rehab clinics, and cruise ships all over the world now).

Compared to the PS2, it has more expensive competition than the PS2 did, and unlike the PS2, new Wii games are the cheapest new games of this generation.

All of these factors have snowballed into the fastest-selling console of all time.

I can't fathom a single possible scenario in which the Wii does not outsell the PS2 by a very large margin.