I guess with all this talk of failure because of game sales, wouldn't a greater measurement of failure be by the amount of studios that have closed down. The only studios that I can think of that failed and closed because of developing on the Wii: Hudson entertainment, Frozen North productions, and Rainbow Studios.
Studios that failed and closed because of developing on the HD consoles: Bizarre Studios, Factor 5, FASA Studio, Grin, Kaos Studios, Midway, MTV games, Pandemic Studios, Realtime Worlds, Team Bondi, Zipper Interactive.
Off the top of my head I can name 4 times the developers that had to shutdown because they failed on HD consoles. I think that goes to show where the real failure and disappointment is.
don't waste time
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