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You can't compare this transition with the former one.

First, PS3 retailed at 599€ at launch (360 I don't know but it must have been high). WiiU comes close to PS3 in price tag, which wasn't the case before because PS2 was already at 150€.

Secondly, PS2 was ultra-dominant during last gen whilst now there's a clear balance between Microsoft, Sony and Nintendo in the home console market.

WiiU being behind the competition is a problem because Nintendo has a short-term strategy. Strong launch line-up to lure the core gamers (which failed), 2D Mario to appeal to the traditional fanbase and Nintendo Land + gimmicky controls to reach as many casual gamers as possible during the holiday season. In January WiiU's momentum will disappear like Cinderella's dress, to never return again because 3rd parties will ignore a system on which they sell nothing.