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short answer yes. as to why is another question.

recession? lack of decent s/w? improved competition?

doesnt matter much tho, the wii could stop selling tomorrow, Nintendo has made bucket loads on it and its their 2ed most successful home console ever.

one thing to keep in mind tho is that it hasnt had a price drop yet. i think thatll come this holiday season or the spring 2010 (the release of natal and sony's motion controls)