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Not true.

As noted above the least powerful system has not always won.

NES was > all 8 bit systems.
SNES was > Genesis while being PS1 was > Saturn while being PS2 was > Dreamcast while being Wii
All this proves is that the actual technology isn't the most important factor. Because the only thing all of these winners have in common is that they all had the greater games library.

Games sell systems, and like all previous gens, in the end the Wii will have a much larger library of all sorts of games.