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I think it will continue and even if it wouldn´t it already is a smashing succes.
Right now it looks like a juggernaut, unable to be stopped with word of mouth selling the consoles like hotcakes among the "casuals", more great games coming out for 2009 than perhaps any year before it, certainly thirdparty support from Japan is getting awesome, thus perhaps bringing in more "hardcoregamers".

I think Nintendo is the new king and Sony has been dethroned for good this generation. What is happening right now is total and utter worlddomination both hardware and software, both consoles and handhelds from the little company from Japan.