Cheers to Wii!
Those saying Nintendo killed it prematurely with lack of software support are off. Wii died because it was no longer the "it" thing on the market and, more importantly, lacked HD visuals. As people purchased HDTV's Wii began to look crappy. PS360 were out there and looked great, and had a great software library. With Kinect people could pick up that and try something new as well.
As Soundwave said they could have launched a WiiHD. I don't know if that would have worked or not. But no number of games would have helped the Wii as long as it was SD with everyone owning HDTV's and two HD systems on the market.
Wii also really didn't die prematurely, it followed the regular life curve of most systems. It's actually almost identical to PS1. PS360 just had longer lives because of slower starts. Most people didn't buy them until year 2+, so they are just getting bored with them now.
Wii should probably eventually pass PS1, especailly if it's released in China some time soon.
