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The OP is harsher than even me.
Don't worry, Nintendo's reputation is far from being touched by all these crappy 3rd parties.
That's just wishful thinking from Wii haters. On the contrary, Nintendo is cimenting even more its reputation as makers of good games with the Wii.
For 3rd parties, you're seeing the mid term consequences now. These are not the worst.
The worst will be the long term consequences, when the 3rd parties are faced with a population of Wii gamers that don't know any of their game, meaning they'll have to make even more effort to make their games known.
That is, for those that survive.