A launch console should be MUCH faster than a last gen console. Becuase in 2012 when the next gen will come, the Wii will basically... Have graphics that look like... well... They do. VS. Stuff that looks like... The killzone 2005 trailer.
That is just graphically. As more advanced physics comes out, the Wii will have more trouble keeping up. As actually the PS2 and x-box, couldnt do the advanced physics for crap.
If the Wii had 300$ worth of hardware... I would love it's price. If the Wii had 150$ of hardware (like it does) and they sold it for 130$... that would be an amazing price!