WiiU is no Wii (despite the name). I agree with the sentiment that Nintendo is basically back to the pre-Wii days (with a bit of Wii residue I'm sure) but now with an out-of-date system.
However Nintendo is far from out, they do own some of the biggest IPs around - Mario, Zelda, Mario Kart, Pokemon, Smash Bros, Donkey Kong, and numerous second stringers - Metroid, Starfox, Kirby, etc.
When the games start to come out, WiiU sales will pick-up. I don't think anyone disputes this. But there's no reason to think WiiU will achieve better than average console sales for Nintendo. It'll likely sell somewhere between N64 and GC because it'll be selling mainly on the strentgh on Nintendo's own properties and that's the level that Nintendo's properties generally sell consoles.
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