Nintendo got it absolutly right in terms of producing a console people wanted to buy, but there no doubt it's failure to meet supply lost it a lot of money and sales.
I expect demand to stay strong though. I wonder how long it will be before they decide to expand capacity further? Especially considering they're in such a strong position to cut prices if they need to, I can't understand how conservative they've been with boosting supply.
Gamecube scarred them.