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Yes. That's the strategy. Everyone planning on picking up a copy of a core gamer's game like MGS4 will instead buy Wii Fit and a Wii instead.

All jokes aside, this is just the same sales tactic Nintendo used during the release of GTAIV. It had absolutely no bearing on soft sales, but by providing the NA market with enough consoles, they are able to say that the Wii outsold the PS3 and 360 during the launch of what is supposed to be the biggest game release of 2008.