I guess they had to do this sometime, to get into superior locations for a leading technology (SF) and entertainment (NYC) company, and it made sense to hold off on it until after the Wii launch (and I assume until after E3). Sucks for the Redmond staff, but waddayagonnado?
"[Our former customers] are unable to find software which they WANT to play."
"The way to solve this problem lies in how to communicate what kind of games [they CAN play]."
Satoru Iwata, Nintendo President. Only slightly paraphrased.