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OP: No, I don't think it will, despite the massive advantage in installed base, the PS3 owners are a typical FPS audience but it seems that the Wii's installed base doesn't have an equal share of them (opening sales should imply as much).
Of course, it could be argued that HVS are nobodies and its a new IP, but the first KZ was also made by nobodies and its still a fresh IP (to top that off, the first KZ was mediocre and everyone knew it, which hardly helped the image, god knows it was brought up enough times in here...).
Halo was also a new IP when it launched, but the sales were... massive. On a very small installed base.
The Conduit simply doesn't have that kind of appeal.
If it said Nintendo below developer, perhaps, but not in its current state.