I don't think there is a chance in hell the Wii bubble will burst. The games haven't even *started* arriving yet, and once they do... the Wii will continue to sell out for maybe another 12 months, and maybe longer (unless Nintendo can start cranking out 2m/month soon).
And everyone (writing these articles) seems to 'assume' that the Wii is a Gamecube/PS2 graphically. Its just not true. As expected, too many of the games out now are simply ports - quick cash ins. It won't be until Nintendo release Metroid, Galaxy & Smash will we have a better indication of just how powerful the Wii will be graphically.
I have been extremely impressed with some of the screenshots coming out for some the newer Wii titles (esp. Smash). Also consider that this is still all first generation Wii (and in many cases, not even that - as they are quick GC ports).
Its not going to catch up to the 360/PS3 - but I don't think it has to. What it will do, is proof conclusively that its more powerful than a GC/Xbox/PS2. And consumers will be very happy about the graphics that come out of this little "duct-taped" GC.
Gesta Non Verba
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