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Is he a John Lucas alt or something? I remember the Wii was going to sell 250 million minimum and could reach 500 million if it launched in China and India (it has launched there btw, most consoles today do, without getting large sales boosts at all).

300 million is an insane prediction. I think it will sell over 100 million when all is said and done, possibly even close to 120 million but that's it. The market isn't what it used to be, it moves faster and it is diverging and extending into other platforms and formats (handheld gaming, that is) and has zounds of competitors.