I don't believe it's likely. They may have started with the idea of Pilot Wings being on the Wii but I believe that was changed to the long forgotten Wii Motor Sports which eventually became a part of Wii Sports Resort. With WSR doing many of the things that PW would have done, it would create too much of an overlap.
Also, I don't get why Factor 5 would make a Pilotwings game, so that rumor doesn't make much sense to me. Pilotwings isn't the sort of game you assign to a team known for top notch graphics. It simply doesn't need them, and the audience that it would sell best to isn't all that interested in them. PW really is a casual's game, it just needed a better name to sell it.
You do not have the right to never be offended.







