Reggie: There is no secret Wii warehouse.

[NJ5]

Dryden said:

Nintendo's George Harrison states (clarifies?) that Nintendo isn't warehousing anything.

http://www.wired.com/gaming/hardware/news/2007/11/wii_shortage

"Typically, we'd have begun stockpiling console hardware back in August" for the holiday season, Harrison says. "But this year, we were selling all the Wii we could get, and we got all the way through the summer with basically no inventory in our warehouse."

I'll leave it to the tin foil hat wearers to debate the wording choice of "through the summer" instead of "through the fall."

That's a very good find. To all the naysayers, it confirms that stockpiling is indeed normal, and you are correct that his wording leaves the possibility of post-August stockpiling open.

According to Nintendo, they started producing 1.8 million per month no later than the end of September, and they've been shipping certainly less than that.