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I think Nintendo has put themselves in a really good position. The 3DS is greatly outselling the PSV, and that doesn't look to be changing anytime soon. The WiiU has a great launch lineup and looks to be another sell-out at launch. I've long thought that Nintendo needs to aquire more IPs and studios to stay relevant in the future, and it looks like that is exactly what they are doing. I think the Bayonetta 2 exclusivity is actually extremely important, perhaps more than people think. Sands are shifting, and the "hardcore" gamers know it, and that's where all the hate is coming from.
There will always be the hardcore PS360 fans that will not change their console preference, no matter what, but most of us know that that is a small portion of the gaming population. Most people will go to the platform that has the games. WiiU seems to be going in the right direction on that front. Slowly, but surely. I don't think the surprises are done yet.
PS4 and 720 are yet to be announced, but they will probably go for power again (surprise surprise?), and may price themselves out of the market. Also, devs may not want a repeat of this gen and go for the extreme again. I suspect that's why we're seeing a shift to Nintendo particularly from Japanese devs lately.