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DKII said:
These guys make money by selling middleware because it's too expensive for each company to make their own engine. That business model just doesn't exist on the Wii.

 DKII has summed it up in a mere two sentences. Epic doesn't like the Wii because they aren't making any money off of it. Game after game on 360 and PS3 use the Unreal 3 engine, no games on the Wii are using their engine thus they see no money from the Wii. Sour Grapes, plain and simple.