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The Wii simply made many things right.

1) They offered something completely new with the controls. The Gamecube was just more of the same in an ugly package

2) They copied the slick, white style from Apple. Which is a good thing. Whoever had the idea of the pink Game - cube should be shot on sight.

3) They started with a mass-market attractive price. That gave them a headstart. We will see if that will keep going for them later in the life-cycle when the PS3 (and of course the 360) are in the 200 dollar price range with much more powerful hardware but that is a different matter)

4) They came with a fully-loaded gun. After only 15 months almost all big Nintendo software franchises are already gone while Sony has not had one of their biggest franchises released. Let's see how they go forward from here.

5) The whole party gaming was an instant hype.

I am curious how this generation pans out, once the PS3 has had its big games, the party gaming fad is gone and all consoles have entered the mass-market price. Personally I think it will be close but Nintendo definitely made the right choices by shooting out of all barrels in the beginning.