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I can totally see the Wii continuing for many years after Nintendo launches a new console at a $100 price point because of it's board appeal and cheap development cost. In fact many smaller publishers will milk it for all it's worth because they already can't afford to publish games for HD consoles so what will they do next gen? They will milk the ultra-casual Wii base that has no interest to pay more than $100 for a new console and / or are just content with the Wii and try to stretch that out as long as possible.

I'd wager Wii will easily outlast the PS3, even if Sony sticks to their 10 year plan.