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Miyamotoo said:
Soundwave said:

The Wii was a moderately overclocked $99.99 GameCube (the GameCube had been $99 for *three* years by 2006 to boot), that they sold for $250, the additional cost largely being a plastic controller that probably cost $10/pop to mass produce. 

I would say that was overpriced. The XBox 360 was a full generation upgrade for $50 more available a full year earlier. 

Yes the system did have some good games (like Mario Galaxy), but that doesn't excuse the hardware. 

The GameCube at $199.99 just five years prior was *full* generation upgrade over the Nintendo 64 and even better than the Playstation 2. 

Comparing to GC was overpriced, compared to competition was not. Also you need to cost of new technology. If Wii relly wan overpriced never wouldnt sell 100m, one of main reason why Wii sold so much is afordible price for mass market with $249.

It sold on the motion gaming fad which was red hot for a few years, no need to over analyze it. Just like people were willing to pay $100 for Guitar Hero for a while and now you couldn't sell a Guitar Hero game for $20. 

Overpriced hardware is overpriced, regardless of if it sells of not. Nintendo probably also caught a break by Sony surprising everyone with the PS3 being $600 initially. That made the Wii look cheap, but if you actually break down what Nintendo was selling, Nintendo's never offered a piece of console hardware as low value for its time as the Wii was. 

It was literally an overclocked $99 system that they charged 2.5x more for because of a controller novelty.