This is of no surprise to me because I don't consider Wii U part of a new generation. I consider it on par with Move/Kinect. It's this gen part II. Sure Nintendo is pretty damn late to the party now and for once I agree with Pachter that Nintendo needed to have released this two years ago.
However, the really good part, is because Wii U is no real threat to 360/PS3 they will try to squeeze every cent they can out of this gen (to pay off the immense loses they both took) before jumping into what truly will be next gen systems. When they do, it'll likely be MS first in 2014, Sony 2015 and Nintendo 2016,
Since Nintendo's value proposition is unique, innovative features they can then do whatever craziness they want with the next system and MS/Sony will already be firmly entrenched in the direction they took and unable to respond.
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