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Nintendo has essentially lost the vast majority of the "first time gamer" or "return gamer" demographic that made the Wii the sales success that it was.

It shouldn't be a stretch of the imagination for anyone to see that it wasn't old time Nintendo fans or the core demographic even if these were the consumers who continued to use the consoles after they had stopped playing Wii Sports or Wii Fit.

Even if Nintendo started selling $199 consoles (and they will get to that price point well before Sony or MS with their 8th gen consoles), there's not going to be any mass market take off as there's simply no hype behind it. The Wii was like capturing lighting in a bottle; that's not something easily repeated and almost never something that can be orchestrated.

There's going to be a lot of good, quality titles on the Wii U; no doubt about it. If anyone's a Nintendo fan, they should just enjoy these games but never bother entertaining the thought that anything will miraculously crown the Wii U the "Console King" of the 8th gen. It's not going to happen.