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Havn't bothered to read through the thread but I think Ready at Dawn is right to the effect that there's no point in making the type of game they are interested in making, for the Wii.

Any Wii owner who's interested in those types of games probably has an HD console by now and would sooner buy that type of game in HD.

Wii is a very viable platform for non-traditional games, mass market games and some retro games which is exactly what you're seeing on the system at this point, even from Nintendo (except from Metroid:OM which also sold poorly).