That seems to have been the popular opinion for months now, but I've never believed that. This speculation was going on all through the summer, and in one of those threads back then, I'd posted that I don't believe a company would build a tech product to not sell it. You don't warehouse something in demand now to sell later.
Warehousing proponents always said, "well you get all the software sales at Christmas time."
My take was always that you lose all the software sales you could have had from the day a Wii was built but not sold through to a customer. Nobody buying a Wii now will go back and buy the tripe that was released back then, and you've further reduced their holiday software buying budget by $250 -- the cost of the Wii. Already having the Wii in the home means they could have used that $250+ to buy 5 games, and been downloading VC titles all these months.
You lose third party developer faith by purposefully crippling your own install base when you could have been growing it. You lose money warehousing product that you could be selling.
Warehousing just makes no business sense.
